Don’t Be Surprised By Social Security Taxes
When you reach the appropriate age, it’s easy to apply for Social Security retirement benefits – just go to Social Security’s website and fill out the online form. But there’s another part of the application process that a surprising number of people ignore – the part that asks how much money, if any, you want withheld for federal taxes. And if you skip this section, you could face an unpleasant surprise when it’s tax-filing time.