Latest News
Taxation of Social Security - Understanding the Process is Important
As individuals lay out their post-retirement financing plans, it’s important that they have a full understanding of the income tax code as it applies to their anticipated Social Security benefits. With a growing number of people working after starting their Social Security participation, it’s important to be aware that as much as 85% of this benefit can be subject to ordinary income tax. This www.mysanantonio.com post by Motley Fool’s Dan Caplinger takes a detail look at the process. Read the article here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.