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Do payments from Individual Retirement Accounts (IRA's) and Keogh plans count as wages?

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

1338. Do payments from Individual Retirement Accounts (IRA's) and Keogh plans count as wages?

Payments from your Individual Retirement Account (IRA) are not considered "earnings." Likewise, if you are self-employed, payments from your Keogh Plan are not considered earnings. These payments are counted when they are deferred, not when they are distributed.

Last Revised: March, 2001


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