✉news BusinessPersonal Finance first seen 2 d ago, last 2 d ago, peak #20

Oregon Timber Sale Draws $7.8 Million Bid

Original: An Oregon Timber Sale Just Drew a $7.8 Million Bid. A Retiree Can Sell Timber Without Social Security Treating the Gain as Self-Employment Income

A timber sale in Oregon has drawn a winning bid of $7.8 million, according to 24/7 Wall St. The report also highlights a Social Security rule: retirees who sell timber can take the gains without the income being counted as self-employment, meaning it does not reduce their benefits or trigger additional payroll taxes. The story combines a striking local land-sale figure with a personal finance point relevant to older landowners.

Why now: A large timber bid paired with a little-known Social Security tax rule appeals to retirees and landowners weighing timber income

Social Security AdministrationOregon

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• An Oregon Timber Sale Just Drew a $7.8 Million Bid. A Retiree Can Sell Timber Without Social Security Treating the Gain as Self-Employment Income · 24/7 Wall St.

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