Not affiliated with the US Social Security Administration

How are your earnings as a self-employed person considered in determining substantial gainful activity?

Excerpted from "Social Security Handbook". See the up-to-date, official Social Security Handbook at ssa.gov.

621. How are your earnings as a self-employed person considered in determining substantial gainful activity?

Your actual earnings as a non-blind self-employed worker may be given less weight in determining your ability to do substantial gainful activity than the extent of your activities in the business. This is so because earnings or losses from your business may be due to factors other than work activities. For example, your business may have only a small profit or may operate at a loss, even if your work is enough to be considered substantial and gainful.

(See §603.3 for the special definition of substantial gainful activity applicable to disabled blind individuals.)

Last Revised: Jul. 26, 2005


Sponsored Links

Recent Content

Four Factors that Determine Your Social Security Retirement Benefit

Your Social Security retirement benefit largely depends on the following four factors :

* Your work history => Longer yields a higher benefit

* Your earnings history => Higher earnings yields higher benefit (at decreasing rate)

* Your birth year => Born earlier means higher relative benefit

* Your claiming age => Starting benefits later means higher benefit

What Social Security May Look Like in 2035

Interesting article which looks at how Social Security may fare in the year 2035.

Highlights :

* The worker-to-beneficiary ratio will drop from 2018's 2.8 to 2.2-to-1.

* Workers will have to wait longer to receive "full" benefits

* Social Security's "trust fund" will be exhausted

* Substantial benefit cuts may be needed

* Payroll taxes will be critical to pay for benefits

* Social Security benefits will continue to decline due to inflation


Sponsored Links


Sponsored Links

Not affiliated with the US Social Security Administration