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Submitted 187 days ago...

TimDaly

TimDaly

New User (1)

After Social Security Retirement kicks in, how is other income taxed and are Social Security Retirement benefits tnaxed?

I'm retiring in a few months, I've reached 66 additionally my employerwants me to keep working -- can I collect my salary PLUS my retirement benefiots from SSA "

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Answer 1 / 1 - Submitted 187 days ago...

Reader

Reader

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Your other income will be taxed the same way it always has been. Your Social Security may be taxed, depending on how much other income you have and your filing status. If your salary is a good on, expect your SS to be between 50 and 85% taxable (it's a strange calculation).
But yes, you can receive both salary and SS. Since 66 should be your full retirement age, you do not have to worry about repaying any of the SS received.

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