Article Date:
September 2024


Word Count:
540

 

 

Side Fund Increases Benefits When Cutting Social Security Taxes


Last month we wrote about saving money on your Social Security taxes.

 

You may have wondered what this does to your Social Security benefits. That’s easy: the less you pay in, the less you get out.

 

But if you create a side fund and invest the Social Security savings, you will come out ahead.

 

Example

 

You currently have taxable Social Security income of $168,600. You use strategies, such as forming an S corporation or a partnership, from Smart Solutions That Decrease Social Security and ... Log in to view full article.

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