How Is Social Security Income Taxed?
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Social Security payments are taxed if your overall annual income — including earnings from wages, investments, benefits and pensions — exceeds $25,000 for an individual or $32,000 for a married couple filing jointly.
Social Security payments are taxed if your overall annual income — including earnings from wages, investments, benefits and pensions — exceeds $25,000 for an individual or $32,000 for a married couple filing jointly.
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How Long Do I Have to Work to Get Social Security?
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Most people are able to earn the required credits to qualify for Social Security retirement benefits after about a decade in the workforce.
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It is possible to qualify for both Social Security Disability Insurance and Supplemental Security Income, but getting them at the same time could affect your benefit amounts. A specialist can help you assess your options.
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If you’re collecting Social Security Disability Insurance, or SSDI, your mate may be eligible for benefits depending, on his or her age and other factors.