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SS Benefits for Person Operating a Business

Can a person receive Social Security benefits and still operate a business using an EIN?


Absolutely yes! Once an individual who qualifies for Social Security benefits reaches an age at which benefits can be paid, those benefits may be limited by the individual's earnings from other sources, but the basic entitlement to SSA payments doesn't get eliminated. The individual's earnings can come from continued employment or from other sources, including the individual's own business venture.

Published on BankingQuestions.com 5/14/07