Latest News

Defusing the Social Security “tax torpedo”

Liz Weston explains Social Security benefits were once tax free. That changed in 1983 with an update in 1993. Neither change indexed the brackets for inflation. In 1983, just 10% of seniors paid the tax, but it’s now the vast majority paying some income tax. Weston has some strategies, though, to minimize taxes. First is to delay benefits until age 70. Other options include creative uses of IRAs and other streams of income. Full piece here.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers