After decades of working and contributing to the Social Security system, many retirees assume that the benefits they've earned are exempt from federal income tax — but unfortunately, that's not ...

If your work income exceeds this amount, you will lose $1 of your Social Security benefits for every $2 you earn above the limit. It's important to note that this reduction is temporary.

Social Security spousal benefits can provide additional retirement income if you qualify, and since Social Security is the only inflation-protected source of income many retirees have, it can be ...