Thursday, January 10, 2013
10 Ways To Increase Your Social Security Income: #5. Minimize Social Security Income Taxes
#5. Minimize Social Security Income Taxes
About 33% of Social Security recipients pay income taxes on up to 85% of their benefit because the sum of their adjusted gross income, nontaxable interest, and half of their Social Security benefit is more than $25,000 ($32,000 for couples).
Labels:
pre-retiree,
retire,
retiree,
retirement,
Social Security
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment