Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details

Coming soon: our new one-on-one advice packages. Learn more

Now available: our new one-on-one advice packages. Learn more

Get your entire Smart Saver balance managed free for 3 months. Enroll today

Get your entire Smart Saver balance managed free for 6 months. Enroll today

Introducing Smart Saver: You could earn 1.83% with our low-risk investing account for your extra cash.* Learn more

MoneyTips

7 Taxes Retirees Must Consider

At incomes from $25,000 to $32,000 for singles and $32,000 to $44,000 for couples, 50% of benefits are subject to taxation – and at higher incomes, 85% of benefits are taxable. Eric Bronnenkant, CFP, CPA, and Betterment Head of Tax notes that “those thresholds haven’t gone anywhere in a really long time … more and more people are having a greater percentage of their Social Security subject to tax.”

Read the Original Article

This article originally published July 12th, 2018 on MoneyTips

Search our site