Social Security – Are You Up To Speed With the Changes?
If you’re still working part time and retired, up to 85% of your Social Security benefits may be taxable. This unfair rule was started by Congress during the Reagan administration in 1984. They decided initially that up to 50% of benefits would be taxed again depending on certain income limits.
Many of our seniors who are retiring and beginning to collect Social Security are surprised to learn that their benefits are subject to taxation a second time. It shouldn’t come as a surprise though. When you’re dealing with View full post…
