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-   -   Buying a house will affect Social Security benefits (https://www.askmehelpdesk.com/showthread.php?t=294959)

  • Dec 22, 2008, 06:54 PM
    zgmc345
    Buying a house will affect Social Security benefits
    If someone is a Social Security recipient, If they buy a house can or will affect their social security?
  • Dec 22, 2008, 06:57 PM
    Fr_Chuck

    Retirement or disability
  • Dec 22, 2008, 06:58 PM
    zgmc345

    If someone is receiving social security in California, can they purchase a house without being penalized for buying it or the benefits be taken away?
  • Dec 23, 2008, 06:03 AM
    excon
    Hello z:

    You're only allowed to EARN so much money when you're drawing SS. So, if somebody is purchasing a house based on their INCOME, it's probably going to effect SS, because they've got to be earning a whole lot of money to qualify for a loan these days.

    excon

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