Once you retire and are eligible to receive social security retirement benefits, one of the things that you want to understand ahead of time is whether or not those benefits are taxable to you. The short answer is that it depends.
Here is a guide that you may find helpful as you are considering the tax ramifications of collecting your benefits.
How Do I Know What’s Taxable?
The amount you pay in taxes on social security benefits will depend on your filing status and the other types of income you earn such as wages, interest, and dividends. Regardless of your other sources of income,