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Will Your Social Security Benefit Be Taxable?

Many retirees are surprised to learn that, in many cases, benefits can be taxed.

By Matt Frankel, CFP – Sep 27, 2022 at 10:07AM EST

Did you know that, depending on your total income, as much as 85% of your Social Security benefit can be considered taxable income? In this video, Certified Financial Planner® Matt Frankel discusses the IRS rules and what they might mean for your retirement income.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

The Motley Fool has a disclosure policy.

 

Matthew Frankel, CFP, is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/frankel, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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