See Also
How Money in the Bank or Other Assets May Affect Your Eligibility for Social Security Disability BenefitsCan Selling My Investment Property Affect My Social Security Benefits?8 Types of Americans Who Aren’t Eligible to Get Social SecurityHaving a Savings Accounts on Social Security Disability | SoFiOnly earned income, your wages, or net income from self-employment is covered by Social Security. If money was withheld from your wages for “Social Security” or “FICA,” your wages are covered by Social Security. This means you are paying into the Social Security system that protects you for retirement, disability, survivors, and Medicare benefits.
Pension payments, annuities, and the interest or dividends from your savings and investments are not earnings for Social Security purposes. You may need to pay income tax, but you do not pay Social Security taxes.
