{"id":82,"date":"2026-10-15T10:00:00","date_gmt":"2026-10-15T10:00:00","guid":{"rendered":"https:\/\/www.seanpolley.com\/blog\/?p=82"},"modified":"2026-10-15T10:00:00","modified_gmt":"2026-10-15T10:00:00","slug":"annuities-change-social-security-tax-planning-private-wealth-management-for-successful-professionals-and-business-owners","status":"publish","type":"post","link":"https:\/\/www.seanpolley.com\/blog\/2026\/10\/15\/annuities-change-social-security-tax-planning-private-wealth-management-for-successful-professionals-and-business-owners\/","title":{"rendered":"Annuities Change Social Security Tax Planning | Private Wealth Management For Successful Professionals and Business Owners"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/sean-polley\/private-workers-pension-remotion-videos-a6c8\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Coordinating all the moving parts of your financial life often means rethinking how income fits with Social Security and taxes\u2014especially as traditional pensions become rare (just 14% of private workers still have one). For many retirees, annuities now help fill the gap, offering predictable, lifelong income. Here\u2019s where the details matter: before reaching full retirement age, the federal earnings test only considers wages and self-employment, not income from annuities, pensions, interest, or dividends. That means a $30,000 annual annuity could sidestep benefit withholding entirely, while earning the same $30,000 in wages might cut Social Security benefits by around $2,800. But tax planning doesn\u2019t stop there. The taxable portion of each annuity payment is still part of your combined income calculation, which impacts how much of your Social Security is taxable. Key figures to track: your annual annuity income, the taxable share, total other income, and the annual benefits you receive. And as always, the type of account and how you time withdrawals can have ripple effects for years. My approach as your family office is to integrate these details, so your income streams work together\u2014not at cross purposes\u2014keeping your plan resilient and efficient.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coordinating all the moving parts of your financial life often means rethinking how income fits with Social Security and taxes\u2014especially as traditional pensions become rare (just 14% of private workers still have one). For many retirees, annuities now help fill the gap, offering predictable, lifelong income. Here\u2019s where the details matter: before reaching full retirement [&hellip;]<\/p>\n","protected":false},"author":362,"featured_media":83,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-82","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/posts\/82","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/users\/362"}],"replies":[{"embeddable":true,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/comments?post=82"}],"version-history":[{"count":1,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/posts\/82\/revisions"}],"predecessor-version":[{"id":84,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/posts\/82\/revisions\/84"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/media\/83"}],"wp:attachment":[{"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/media?parent=82"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/categories?post=82"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.seanpolley.com\/blog\/wp-json\/wp\/v2\/tags?post=82"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}