Plan ahead. Learning how Social Security is taxed as the federal and state levels is one task. Planning ahead for those taxes is another, said Martha Shedden, the president and co-founder of the National Association of Registered Social Security Analysts. “Because only some of Social Security income can be taxed, there are potential withdrawal strategies from retirement and other accounts that can sometimes minimize tax liability.”
Published by Pamela Kweller, RSSA®
Pamela Kweller is the Content & Community Manager at RSSA. She is also certified as a Registered Social Security Analyst®. The mission of RSSA is to help Americans get the maximum Social Security income they have earned, enabling them to enjoy their lives more fully. Contact Pamela: pkweller@rssa.com View more posts