These 13 States May Be Coming for Your Social Security Benefit
Social Security is easily our country's most successful social program. For more than 80 years, Social Security has made guaranteed monthly payouts to eligible retired workers, with over 64 million people today receiving a benefit.
What's more, these payouts are making a meaningful difference in the financial well-being of elderly Americans. Even though the average retired worker benefit is only $1,505.50 a month, as of January 2020, this payout is singlehandedly responsible for pulling more than 15 million retirees out of poverty.
But there's something else Americans get with Social Security that they may not expect: the possibility of being taxed.
Source Fool.com
