Taxes on Social Security in Retirement
Channel: Make Your Money Matter | with Brad Barrett
Date: 2023-11-22

It's essential to understand the varying tax rules that come with retirement. Half your Social Security, your ordinary income, your capital gains, and your dividends and non taxable interest are all added together to create your provisional income. This number is then used to determine the taxation of your Social Security benefits. Speak to your CPA or tax advisor to learn more about the new set of tax considerations that come with retirement. #Retirement #SocialSecurity #Taxes #RetirementPlanning #MakeYourMoneyMatter