Millions of senior citizens of America live solely on a Social Security check. these monthly benefits from the government makes their life easy and happy. Here is how your Social Security is taxed after age 70.
Social Security sends monthly checks to people who have reached retirement age, currently it is set at 66.
The amount of money you get will depend on how much money you earned during your job and how old you were when you retired.
Average monthly check in 2022 is $1,658, and the maximum check is of $3,345.
There are some rumors about government stops taxing Social Security payments at age 70, but this is not true
Social Security payments are taxable until you die from day it's start
Depending on some states your Social Security check will be taxed twice, once by the federal government and once by your state.
But there is some states don’t tax Social Security at all. Like Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas Washington