Social Security is the foundation of most retirement plans, yet most people don't know how it is taxed. The IRS has precise rules for how your benefits are taxed, and it's different for everyone based on your other sources of retirement income. In this episode, we discuss when you should take your Social Security benefits, how those benefits will be taxed, how to collect your benefit while still working, and more!

The information discussed in this show is educational only and should not be considered advice or used in consideration in the purchase of any securities or investment services. You are encouraged to consult your tax, legal or financial professional before taking any action.