Which of the following statements is (are)true with respect to the Social Security earnings test?
I.The earnings test does not apply to dividends,interest,and rental income.
II.The earnings test does not apply to work earnings for those individuals who have reached the full retirement age under Social Security.

Question

Quizplus · Accepted Answer

The Social Security earnings test applies only to earned income, such as wages or self-employment income, not to investment income like dividends, interest, and rental income. Additionally, the earnings test does not apply to individuals who have reached their full retirement age, allowing them to earn any amount without reducing their Social Security benefits.

Which of the Following Statements Is (Are)true with Respect to the Social