Did you know you owe tax on Social Security payments?


You’ve been paying into Social Security for years but when it comes time to cash out, Uncle Sam will be waiting with a tax bill. In this week’s edition of Retire Ready, Chris Heerlien explains how much you could be on the hook for and what to do about it.

One important part of your retirement plan is to find a way to create tax-free income, such as using a Roth account. Step two, he says, is to put together a withdrawal strategy that helps you minimize the taxes you’ll pay each year.

Lastly, he explains how to get your free copy of his latest publication, “4 Tax strategies for retirement.”


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