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Author: Jamlap1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Social Security Taxes Date: 4/30/2000 11:35 PM
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I am going to retire January 1st. My retirement $$ will consist of deferred compensation. I understand that social security taxes will not be withheld because I will not have any earned income. My questions is what if I decided to work part time. Will I then have to pay social security taxes on my deferred comp since I will now have some earned income
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Author: TMFExRO Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3787 of 19257
Subject: Re: Social Security Taxes Date: 5/1/2000 3:30 AM
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<< I am going to retire January 1st. My retirement $$ will consist of deferred compensation. I understand that social security taxes will not be withheld because I will not have any earned income. My questions is what if I decided to work part time. Will I then have to pay social security taxes on my deferred comp since I will now have some earned income >>

No. You pay Social Security and Medicare tax only on current earned income.

TMF ExRO
Phil Marti

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