Social Security Report

Latest News

Social Security’s Special Tax Rule for Repaying Benefits: Amount of Repayment Determines Method

Increasingly, some financial advisers are encouraging their retirement-age clients who have no immediate need for extra income to repay Social Security benefits they’ve already received and reapply for benefits later when they will be worth more. But what if those Social Security benefits have already been taxed? Is there a way to recoup taxes on benefits that are later repaid? Read More…

Notice: The “Read more…” 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; socialsecurityreport.org 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. or socialsecurityreport.org.