This Social Security Rule Hasn't Changed in Years -- and It's Hurting Many Seniors
Although Social Security has been around for many years, the program is constantly evolving. Next year, for example, some key changes are coming down the pike, including a substantial cost-of-living adjustment (COLA), a higher wage cap for Social Security tax purposes, and a higher earnings-test limit for those who work and collect benefits at the same time.
But there's one Social Security rule that hasn't changed in many years, and it has to do with the income thresholds at which taxes on benefits apply. And because that rule hasn't evolved, seniors today risk losing out on a chunk of their benefits -- benefits they might otherwise need to stay afloat.
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Source Fool.com
