Taxes, retirement raise questions on Social Security benefits

March 21, 2011

Saving for retirement and collecting Social Security benefits can be confusing. Add taxes to the equation, and it gets really confusing.

According to, there are a lot of myths and misconceptions about earning income in retirement and what Social Security benefits you qualify for, as well as what it taxed.

“If you work and you bring additional earned income into the household, there is more money there,” said a marketwatch analyst. “You don’t get to keep all of it, Uncle Sam will take a piece, and you may impact a couple other parts of the retirement pie as well, but it’s never a net negative.”

Read more.

What myths have you heard about Social Security benefits? What do you think is the most confusing thing about Social Security benefits?

If you need help getting Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Reach out to a Terre Haute Personal Injury Attorney Today

The financial burden that often comes with a serious injury can be too much for many people to bear. Unexpected medical debt, damaged personal property, and the sudden loss of income can impact the budgets of most families. The good news is that a successful injury claim could help reduce that financial strain after a serious accident. Get in touch with a Terre Haute personal injury lawyer with Fleschner, Stark, Tanoos & Newlin to learn more.

    *You agree to our Terms and Privacy Policy, and you are providing consent to receive communications including calls, emails, and texts.