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New Member
posted Jun 5, 2019 10:20:31 PM

Does rental income reduce your Social Security payments?

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1 Best answer
Expert Alumni
Jun 5, 2019 10:20:33 PM

No.  If you are receiving Social Security, but have not yet attained full retirement age, your social security will be reduced for earned income.  Social Security will deduct $1 from your benefits for each $2 you earn above $15,720.  But rental income does not count towards that.


2 Replies
Expert Alumni
Jun 5, 2019 10:20:33 PM

No.  If you are receiving Social Security, but have not yet attained full retirement age, your social security will be reduced for earned income.  Social Security will deduct $1 from your benefits for each $2 you earn above $15,720.  But rental income does not count towards that.


New Member
Jun 5, 2019 10:20:34 PM

Thank you,  That's what I told my son, but he needed to hear from someone else.     TWR1