Many don’t realize it, but more and more senior citizens are seeing their Social Security benefits taxed as income. This is because, even after years of watching COLA increase payments to combat inflation, there are income thresholds that remain unchanged.
Social Security beneficiaries can have their benefits taxed. It all depends on a few things like total income and filing status. 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.
If an individual chooses to earn additional income after retirement, they may be subjected to additional taxes. These taxes need to end.
Continuing to work after retirement should not create penalties. We are working to put a stop to this with right number 5 in The Senior Citizens Bill of Rights.
