Social Security: The Stealth Way You May Be Getting Double Taxed

It's a point of contention for many Americans receiving benefits.

Feb 10, 2025 - 01:22
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Social Security: The Stealth Way You May Be Getting Double Taxed

Millions of older Americans receive a Social Security payment each month. And for many people, those payments constitute the bulk of their retirement income.

If you're someone who lives mostly on Social Security, you may be in a position where you get to get keep those monthly benefits in full. But many seniors are forced to pay federal taxes on their Social Security benefits in retirement. And that's a rule that a lot of people find overwhelmingly unfair.

Image source: Getty Images.

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