3 Social Security Tax Mistakes (Potentially Costing You Thousands!)

The Retirement Show: Your Life, Your Money with Scott Sierens

Social Security is a key part of maximizing your retirement story. The decisions you make about when and how to claim it can have a big impact on how much you keep versus how much goes to the IRS. In today’s show, we’ll break down 3 common Social Security tax mistakes- some of which could cost you big- and how to avoid them.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:51 – Mistake 1: Believing Social Security Is Tax-Free

3:20 – Mistake 2: Not Planning For Medicare Impacts

4:12 – Mistake 3: Timing Social Security with Roth Conversions

7:12 – Retirement Chart Of The Week

9:49 – Diversification In Investing

10:30 – Listener Question

Periodic Table of Investment Returns

https://www.callan.com/periodic-table/

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