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Taxability of Social Security Benefits – How it Works

The fact that your benefits can be subject to federal income tax can come as a not-do-welcome surprise when you retire. So, it’s important that you understand the mechanics of this provision and factor it into your financial plans. In a post laconiadailysun.com, the H&R Block tax advisory staff explains the income tiers and percentages that are used to determine how much–if any–of your benefit is included in your tax bill. Check it out here…

 

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