The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.
5don MSN
How IRAs impact Social Security
Do your traditional IRA distributions count as income that could lower your Social Security benefits? It depends.
If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the tax code, it can be complicated to figure out whether – and how much – you ...
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