How do I plan for Social Security taxes?
An example of an AI chatbot conversation about planning for Social Security taxes.
How do I plan for Social Security taxes?
Planning for Social Security taxes involves understanding your income sources and how they are taxed. Are you currently working or retired?
I'm currently working and want to know how my earnings affect my Social Security taxes.
Your earnings are subject to Social Security taxes up to a certain limit. For 2023, the wage base limit is $160,200. Do you want to know how this affects your benefits?
Yes, how do my earnings impact my future benefits?
Higher earnings can increase your future Social Security benefits, as they are calculated based on your highest 35 years of earnings. Would you like tips on maximizing your benefits?
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