Social Security Report

Understanding–and Dealing With–Taxation of Social Security Benefits

Mainstreet.com’s Robert McGarvey takes a look at the issue of Social Security benefit taxation in an article posted today on www.thestreet.com. Calling it a “widely held – but false – belief” that Social Security benefits are in all cases tax-free, McGarvey examines the issues of income thresholds for taxation and the levels of taxation associated with these thresholds, and provides several fundamental suggestions that can potentially lessen the tax burden. Read his article here…

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