Category: Social Security Q&A

One of the most popular questions we get from Social Security applicants and new beneficiaries is whether Social Security income is taxable.  The simplest answer is yes, Social Security is taxable at the federal level and even in some states. This usually comes as a surprise to many new Social Security beneficiaries. That is because, after working their entire lives and having Social Security payroll taxes withheld from their paychecks, many workers feel like they’ve earned their Social Security benefits and are not sure why they have to pay taxes on them. In this post, we will explain why Social Security […]

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If you are currently receiving Social Security benefits but are behind on your debt payments, you may be worried about the garnishment of your benefits. In this post, we will answer the question – “Can Social Security Benefits Be Garnished?” and explain the types of debt you may have that can cause your Social Security benefits to be garnished. This is part of our Social Security Questions and Answers Series. This post will cover: What is the Garnishment of Wages? Can Social Security Benefits Be Garnished? Can Benefits on Direct Express Card be Garnished? Your Bank’s Responsibility to Protect Your […]

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