“Wait, what?” Yes, your Social Security might be taxed
retirementrevised.substack.com
Regular readers know that I’ve written often about the ways that retirement income is taxed. But reactions I’ve heard to a recent New York Times column on retirement by contributor Brian J. O’Connor served as a reminder that one retirement tax continues to surprise and confuse many people. That’s the fact that Social Security benefits are taxed in some situations - and the taxation formula.
“Wait, what?” Yes, your Social Security might be taxed
“Wait, what?” Yes, your Social Security might…
“Wait, what?” Yes, your Social Security might be taxed
Regular readers know that I’ve written often about the ways that retirement income is taxed. But reactions I’ve heard to a recent New York Times column on retirement by contributor Brian J. O’Connor served as a reminder that one retirement tax continues to surprise and confuse many people. That’s the fact that Social Security benefits are taxed in some situations - and the taxation formula.