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How much of my social security benefit may be taxed?

Did you know that up to 85% of your Social Security Benefits may be subject to income tax? If this is the case you may want to consider repositioning some of your other income to minimize how much of your Social Security Benefit may be taxed and thereby, maximize your retirement income sources.

Income and Tax Information

Calculating 'Modified' Adjusted Gross Income

Social Security Benefits

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This is for illustrative purposes only. Your results may vary.

Securities and advisory services offered through LPL Financial LLC or LPL Enterprise, LLC, affiliated registered investment advisers/broker-dealers (members FINRA/SIPC) collectively referred to herein as "LPL." Please consult the Relationship Summary you received or your financial professional to confirm the LPL affiliate providing services to you.
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