GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
Thus, it wouldnt be taxed anyway.
Social Security should be the cherry on top of a quality long-term savings and retirement plan, Kohler said.
The sad part is some peoples Social Security is all theyve got.
Those are the people that arent paying taxes on Social Security.
So you would never get a refund.
Kohler shared there a few ways to gauge if a person collecting Social Security benefits will receive a refund.
He said receiving Social Security benefits is irrelevant in the determination.
More From GOBankingRates
Share This Article:
The Latest inTaxes
