Lon Jefferies, a Certified Financial Planner™ (CFP), is a fee-only financial advisor and trusted fiduciary at Net Worth Advisory Group in Salt Lake City, Utah. He is dedicated to providing comprehensive financial planning and investment management on a fee-only basis.
Ever wondered if your Social Security benefit is subject to Federal tax? Well it depends on your annual household income. The following chart tells you how much of your Social Security benefit is taxed at various income levels: