Can You Change Social Security Tax Withholding Online? A Comprehensive Guide

Did you know that 85% of your Social Security benefits might be taxable on your individual income tax return? This is the harsh reality for retirees who have more than $25,000 in combined income as a single filer or $32,000 as a joint filer. Without properly planning how your Social Security benefits impact your tax…

Is Social Security Taxable?

Are you starting to plan for retirement? Whether you’re a few years away from throwing in the towel or amid your retirement, you may be wondering, is Social Security taxable. Social Security is one of the most critical components of retirement planning, impacting your monthly cash flow and your tax return. Unfortunately, there’s no one-size-fits-all…

Why Americans are Getting $4800 Social Security Checks

You might have heard or maybe you’re wondering why Americans are getting $4800 Social Security checks this month. Here’s what we know. Why Americans are Getting $4800 Social Security Checks For the current year, beneficiaries at the upper end of the Social Security income scale who deferred retirement until age 70 are eligible to receive…