You Can Get Out of Paying Taxes on Social Security Benefits. Here's How.
Most people know what it take to qualify for Social Security, more or less. You work and pay taxes on your income, and in exchange, you're eligible for benefits down the line.Of course, this is a very simplified explanation. There are certain earnings requirements you need to meet to be entitled to Social Security in retirement. But for the most part, that's the gist of things.Image source: Getty Images.Continue reading
Most people know what it take to qualify for Social Security, more or less. You work and pay taxes on your income, and in exchange, you're eligible for benefits down the line.
Of course, this is a very simplified explanation. There are certain earnings requirements you need to meet to be entitled to Social Security in retirement. But for the most part, that's the gist of things.
Image source: Getty Images.
