Social Security Benefits Should Never Be Taxed as Income
It is often forgotten that Social Security benefits can be taxed as income. The amount taxed depends on additional factors. However, this must stop.
It is often forgotten that Social Security benefits can be taxed as income. The amount taxed depends on additional factors. However, this must stop.
The future of Social Security is a heavily debated topic. But did you know that seniors could face a serious cut to their benefits if nothing is done?
An estimate for the 2022 COLA has been released. If trends continue, 2022 could see the largest COLA increase since 2009. But will it be enough?
If an individual chooses to earn additional income after retirement, they may be subjected to additional taxes. These taxes need to end.
Photo courtesy of Pixabay AARP explains how the Social Security Administration (SSA) enacts the earnings test amongst Social Security beneficiaries. According to the article, those under the full retirement age…