Most Americans are not prepared for retirement
We have all heard that Americans are increasingly unprepared for retirement. Do you respond with sympathy, because you're not prepared either? Or do you scoff because you have sacrificed for…
Social Security tax unfair and impractical
A retired reader wrote recently about finding he is in a higher tax bracket than he expected to be. He isn't alone. An entire generation of middle-income savers has been…
Why the IRS will take more of your Social Security Benefits
Social Security is a key part of most retirees' financial plans, and many are surprised to find out that in certain situations, Social Security benefits are subject to tax. But…
Social Security (Double) Taxation
After having had a wonderful presentation last month on Strategic Social Security and Income Planning, I thought I might share a little bit more about one of the “hot” buttons…
Plan to Pay Taxes on Social Security
About 15 million Americans pay income taxes on their Social Security benefits -- a surprise for many seniors who were planning on a source of tax-free income. Depending on your…