2 Ways to Get Out of Paying Taxes on Social Security Benefits
Social Security benefits can go a long way toward helping you enjoy a more financially secure retirement. However, you may not collect as much as you think.
Your monthly checks are subject to both state and federal taxes, and these taxes can take a significant bite out of your benefits. If you're going to be depending on Social Security to pay the bills in retirement, taxes could wreak havoc on your financial plans.
Fortunately, there are ways to avoid taxes on your benefits. With the right strategy, you may be able to get out of paying them altogether. Here's how.
Source Fool.com
