We are visiting relatives and they are both on SS. We were talking last night and they were saying that if your adjusted gross income is less than $39,000, you only have to pay taxes on 1/2 of your SS earnings and that they are always very careful to stay below that amount. They are very careful not to draw extra funds from their retirement annuity-they will take out a loan instead. Have you all heard of this? My husband is on SS but I won't be for another 5 years but I'm interested in this topic for planning purposes.
Deb
Tax and Social Security Questions
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