In this episode of Building Wealthy Habits, Randy Barkley and Laura Lee dive into Social Security benefits and planning, explaining eligibility requirements, the impact of starting benefits early vs late, and how benefits are calculated for spouses and survivors. They discuss how other retirement income like pensions and 401ks interact with Social Security. The podcast provides valuable insights on maximizing Social Security income through strategic planning and when benefits may be subject to taxation. Overall, it's an informative discussion on navigating the complexities of Social Security in retirement.
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