For purposes of the retirement test, \earnings\ are defined as \wages\ earned as an employee or the
et earnings\ of a self-employed person. The earnings should result from operate performed after retirement. \In sort\ payments of goods or services in exchange for work are deemed earnings. Be taught additional info on this partner wiki by browsing to consumers. Retirement program distributions, rents, capital gains, interest, dividends and other investment-connected earnings do not count as \earnings\ for this purpose. You are essential to report estimated earnings in excess of the limits. Rewards are then adjusted to reflect the amount owed, based on the estimate. Actual earnings figures should be reported by April 15 of the following year. Further adjustments could then be created based on actual benefits.