How Can Social Security Fit Into A Retirement Plan?
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaSocial Security benefits are subject to the provisional income test from a variety of income sources and preference items, including qualified retirement plans. Some capital gain income may very be taxed at capital gain rates, but the entire gain is used in the provisional income test to determine if your Social Security benefits are taxed.Answered on August 29, 2013flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaSocial Security is often the primary source of retirement income. Maximizing the retirement benefit from social security requires planning. A mistake in selecting the time to start benefits can be significant. It is not always apparent when the best time to claim benefits would be. Consult with a trained retirement income specialist for the latest information.Answered on October 8, 2014flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
