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Version vom 10. September 2026, 03:08 Uhr
Despite the actual tax rate reductions for this Jobs and Growth Tax Relief Reconciliation Act of 2003, leading marginal tax bracket for many retirees can be a whopping 46.3%. Why? Because Social Security benefits are subject to income income tax. Those affected are Social Security recipients who have enough good fortune (misfortune?) to be subject to both the 25% income tax bracket and the 85% inclusion rate for Social Security benefits. 2) Have participating within your company's retirement plan?
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