What Eliminating FICA Tax Means for Your Retirement

A recent poll out said that over 60% of current retirees are relying on social security and Medicare for a majority of their income in retirement. So while getting rid of FICA tax sounds nice now because nobody likes paying taxes, it could be detrimental not just to retirees or when you can retire

FICA Tax: Unraveling the Mystery Behind Social Security Contributions - FasterCapital

Should We Eliminate the Social Security Tax Cap? Here Are the Pros and Cons

Some States Tax Your Social Security Benefits

FICA Tax: Unraveling the Mystery Behind Social Security Contributions - FasterCapital

Taxation of Social Security Benefits - MN House Research

FICA Tax: Unraveling the Mystery Behind Social Security Contributions - FasterCapital

Why Most Elderly Pay No Federal Tax – Center for Retirement Research

Why Most Elderly Pay No Federal Tax – Center for Retirement Research

What Are the FICA Taxes on Every Payroll Check?

Tax planning for retirement

Taxes in Retirement: 7 Tax Tips for After You Retire - TurboTax Tax Tips & Videos

13 States That Don't Tax Your Retirement Income