How Is Social Security Taxed?
How is Social Security Taxed? What part of my social security income is taxable?
How is Social Security Taxed? What part of my social security income is taxable?
Social Security is now expected to increase 5.9% in 2022 making this social security cola increase the biggest in 40 years.
In this video I want to discuss 4 simple strategies that can help you eliminate or reduce the taxes on your social security benefits. I also want to discuss how the IRS determines how much of your social security is taxed using a formula called provisional income. We are also going to define what is social security taxable income, traditional retirement income and retirement income strategies that will help lower or eliminate the taxes on your social security benefit.
In this blog, I want to discuss 5 Social Security Mistakes to Avoid in Retirement and give you clear direction when it comes to your Social Security Benefits and Retirement Income Planning. Social Security and claiming Social Security benefits is a complex system that normally you are only given one chance to get it right.
5 Social Security MISTAKES to Avoid in Retirement Read More »
In this blog I want to talk about social security spousal benefits for those individuals and families who are married on social security, divorced and on social security, or widowed and on social security. I want to talk about how you qualify for social security spousal benefits whether you are married, divorced, or widowed. I
Big Social Security COLA Increase in 2022 Social Security payments are likely to get a big COLA increase in 2022. Currently, projected COLA increases for Social Security are at 6.2% for social security beneficiaries. In 2020, the Social Security COLA increase was only 1.2% If the 2021 projected social security COLA increase were to hold,