As retirees prepare fort this year\'s tax return, it might be wise to talk with a financial advisor about NEXT year\'s tax load. For the first time since 2009, Social Security benefit payments will go up. But many who are close to retirement - but still working - will pay higher Social Security TAXES, too. US News & World Report reminds workers that in 2012, about 10 million high-earners are expected to pay more.
As retirees prepare fort this year’s tax return, it might be wise to talk with a financial advisor about NEXT year’s tax load. For the first time since 2009, Social Security benefit payments will go up. But many who are close to retirement – but still working – will pay higher Social Security TAXES, too. US News & World Report reminds workers that in 2012, about 10 million high-earners are expected to pay more.