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Social Security Taxation–Some Wishful Thinking Dispelled

While the federal taxation of Social Security benefits–a situation that impacts nearly 60% of the Social Security retirement benefit population–often comes as an unpleasant surprise to many new retirees, it’s also often softened by the belief that at some age, this taxation will stop. Unfortunately, put this on the list of myths and misunderstandings that frequently surface in conversation. As explained in a post by Will Gittins and  Greg Heilman on en.as.com, “There is no age at which you will no longer be taxed on Social Security payments.” Check out their post here…

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