Tag: Socialsecurity

Posted on 01/08/2021
2021 Social Security Tax Cap
If you have a traditional job, you pay 6.2% of your salary per year in Social Security taxes. That number is then matched by your employer. But there’s a cap on how much money people are expected to contribute every year. In 2021, you will pay Social Security taxes on all of your income up to $142,800. That is...
+ 2 more
Read More
Posted on 11/30/2020
How To Save Taxes On social Security Benefits
How To Save Taxes On Social Security Benefits Some retirees are surprised when they learn their Social Security retirement benefits can be taxed. However, there are steps you can take before and during retirement to lessen the potential tax burden. Learn how these benefits are taxed and the moves you can make to minimize what you have to pay....
+ 2 more
Read More