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Stock Sales and Their Impact on Social Security Benefits
It can sometimes be confusing, and so many folks have questions about what impact the sale of securities could have on their Social Security benefits. NJMoneyHelp.com’s Karin Price Mueller, in a post on lehighvalleylive.com clarifies the situation by explaining that securities transactions, being unearned income and not subject to FICA tax, do not affect the math behind one’s benefit calculation. She goes on to point out, though, that there remains the potential impact on federal income taxes levied on Social Security benefits, depending on tax filing status. Read her post here…
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