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Calculating Your Income

How an Annuity Can Lower the Tax on Social Security

A major point of frustration for many retirees is paying tax on their Social Security benefits.  In some cases an individual or married couple will exceed the income thresholds with pension income and cannot do anything about the tax of their Social Security, but they may be able to control how much of their Social Security is taxed. In other cases by doing some strategic planning, the entire tax ...
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