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3 Things Retirees Need to Know About Income Taxes on Social Security Benefits


It's a common misconception that Social Security is tax-free income. While this is certainly true for some people, the reality is that many retirees pay income tax on their Social Security benefits to one extent or another.

However, there's quite a bit to unpack about Social Security taxes. With that in mind, here are three things retirees should know about income taxes on their Social Security benefits.

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Source Fool.com


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