Working Seniors: Social Security & Taxes
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Working past sixty-five: A financial balancing act for seniors - One in five Americans over sixty-five works or seeks employment, with nearly forty percent holding part-time jobs. While later-life employment boosts health and lifespan, it presents financial challenges, particularly around Social Security and taxes. Higher earners often work for enjoyment, while others need the income. Taxes on Social Security benefits kick in at certain income levels, and payroll taxes add thousands yearly for solid incomes. Delaying benefits while employed can increase monthly checks. Ultimately, retirement and benefits claims depend on individual finances, health needs, and goals.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/cceded633cab2562