JEPI pays monthly at a high single-digit yield while RDVY has compounded 352% over 10 years, and both are invisible to the SSA earnings test.
VPU adds defensive utility income at roughly 3% yield and 0.09% in fees, holding steady when chip cycles or rate spikes hit growth funds.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
You did the math and claimed Social Security at 62. Then you kept working and ran into the Social Security earnings test. Before full retirement age, Social Security can withhold $1 in benefits for every $2 you earn above the annual limit. That can significantly reduce the benefit you expected to collect alongside your paycheck.
Investment income is different. Dividends, interest, and capital gains generally do not count as earnings for the test. That creates another option for workers who claimed early but still want additional income: build a portfolio that generates cash without increasing earnings subject to the limit. Three ETFs can fill different roles in that strategy: JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI), First Trust Rising Dividend Achievers ETF (NYSEARCA:RDVY), and Vanguard Utilities Index Fund ETF Shares (NYSEARCA:VPU).
#security #test #claimed
VPU adds defensive utility income at roughly 3% yield and 0.09% in fees, holding steady when chip cycles or rate spikes hit growth funds.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
You did the math and claimed Social Security at 62. Then you kept working and ran into the Social Security earnings test. Before full retirement age, Social Security can withhold $1 in benefits for every $2 you earn above the annual limit. That can significantly reduce the benefit you expected to collect alongside your paycheck.
Investment income is different. Dividends, interest, and capital gains generally do not count as earnings for the test. That creates another option for workers who claimed early but still want additional income: build a portfolio that generates cash without increasing earnings subject to the limit. Three ETFs can fill different roles in that strategy: JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI), First Trust Rising Dividend Achievers ETF (NYSEARCA:RDVY), and Vanguard Utilities Index Fund ETF Shares (NYSEARCA:VPU).
#security #test #claimed
5 hours ago
