Some Seniors Pay Taxes On Social Security Benefits, But Here's How You Can Avoid Them
Millions of seniors today rely on Social Security as a major source of retirement income. Even if you enter retirement with a sizable nest egg, you might still find that those benefits end up covering a lot of your bills.
That's why it's important to know what to expect from Social Security. You should, for example, have a sense of what your monthly benefit will look like well ahead of retirement. You should also know how much of your monthly benefit you're likely to be able to keep versus lose in the form of taxes.
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Source Fool.com