Tag Archives income

Can You Still Receive Social Security Benefits Even After Opting Out?

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Yes.

 

There you have it, shortest blog post ever.

 

But in all seriousness, this is an important matter that can make a huge difference during your retirement. If you didn’t take saving for retirement seriously during your early years, even just receiving a little help from the Social Security Administration could double your monthly income in retirement.

 

If it really is possible to still receive Social Security benefits after opting out, how does that work? Well, there are two ways:

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What Every Taxpayer Needs To Understand Now

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Federal tax laws are so complicated that most people outsource tax preparation and have little understanding of how it all works. Do you know how your taxes are calculated? Or the difference between a credit and a deduction? It’s your hard-earned money and your government, so you really should.

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