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What Changes are Coming in 2020 for Social Security?

A new year often brings slight changes to some of America’s most popular programs, and Social Security is no exception. The amount each beneficiary should expect to receive in 2020 will be slightly higher (like many years), after inflation adjustments. And taxes may affect different swaths of the population. The program is an important piece […]

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Your Big Question About IRA Distributions and Social Security Benefits

Q: Is the income I receive from my IRA distribution included in the calculation that determines how much of my social security benefits will be taxed? A: Generally, yes. If the IRA distribution you receive is taxable, like with a traditional IRA, and not a return of your previous non-deductible contributions, it will be included […]

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