A bill to amend title II of the Social Security Act to provide that renewal commissions, received by a retired insurance agent from life insurance policies which were sold by him before his retirement, shall not be taken into account in determining his net earnings from self-employment for purposes of the earnings test.

referredUnited States· United States Congress· EN

Introduced

1 August 1978

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act to disregard renewal commissions received by an insurance salesman from life insurance policies which such salesman sold before reaching age 65, for purposes of determining eligibility based on income for social security benefits.

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Documents

1 official file

Introduced in House
summary · EN · 1 August 1978
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/13669
Open data entity: https://api.congress.gov/v3/bill/95/hr/13669