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Posts Tagged 'taxes'

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Understanding Social Security and Taxes

As retirement age approaches for millions of Americans, there is a growing need to understand the relationship between Social Security benefits and taxation. For many individuals, they remain unaware of the subtleties within the tax implications of these benefits, and the statistics paint a vivid picture of financial unpreparedness. Alarmingly, nearly two out of three (63 percent) of future retirees admit they lack confidence in their knowledge of Social Security.

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