Ever wondered why your Social Security benefits feel like they’re taxed not once, but twice? In this episode, we break down the mechanics of Social Security taxation and why it’s designed this way.

We’ll explore: 💸 First Taxation: How payroll taxes (FICA or self-employment taxes) fund Social Security during your working years. 📊 Second Taxation: Why your benefits in retirement might be subject to federal income taxes—and how thresholds for combined income determine how much is taxed. 📍 State Taxes: The added complexity of states that tax Social Security benefits, making retirement planning even trickier.

Join us as we unravel the history behind this tax policy, its role in supporting Social Security’s sustainability, and what it means for your retirement. Whether you’re planning for retirement or just curious about the system, this episode is packed with insights to help you navigate the fine print.

🎧 Tune in and demystify the double taxation dilemma!

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