Cutting Social Security Taxes, The Magic Number to be Rich, Hurry! These Tax Cuts Are Ending

How to Cut Your Social Security Taxes | Are You Rich? U.S. Wealth Percentiles Might Provide Answers | Putting an Effective Plan in Place Before These Tax Cuts End Created for {EMAIL} | [Web Version]( June 27, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top story [] [How to Cut Your Social Security Taxes]( [How to Cut Your Social Security Taxes]( (Getty Images) Many retirees are dismayed to learn they owe taxes on a portion of their benefits. But you can take [these four steps]( to minimize the pain. [] Personal Finance [] [Are You Rich? U.S. Wealth Percentiles Might Provide Answers]( [Are You Rich? U.S. Wealth Percentiles Might Provide Answers]( (Getty Images) This is a question many people ask themselves in quiet moments. What is the magic number to be considered rich, and what are the U.S. wealth percentiles? [Find out here to see where you stand](. [Bull or Bear? How to Invest in Uncertain Markets]( How can you confidently invest in the market when there are conflicting signs everywhere? At SAM, we have a plan for our clients. It's working. And it doesn't depend on whether the market goes up or down. Join us for a special webinar where we'll reveal how we're investing during this uncertain time. [REGISTER NOW]( ADVERTISEMENT [] In Case You Missed It [] [Putting an Effective Plan in Place Before These Tax Cuts End]( [Putting an Effective Plan in Place Before These Tax Cuts End]( (Getty Images) Parts of TCJA (also known as the Trump tax cuts) will expire by the end of 2025, so the sooner you act, [the more options you’ll have to take advantage of today's lower taxes](. [] Paying for College [] [For College Financing, Consider an Income Share Agreement]( [For College Financing, Consider an Income Share Agreement]( (Getty Images) Nearly 60% of American adults delay starting families and saving for retirement because of student loan debt. YELO Funding CEO Daniel Rubin explains the [pros and cons of income share agreements]( - and how they can replace crippling loans. [] Successful Retirement Planning [] [Pros and Cons of Fixed Index Annuities as Retirement Tools]( With so many FIA products available, each with its own contract terms and varying rates, it's crucial to invest in one that fits your retirement plan, writes financial adviser Cliff Ambrose. [Read More]( [] Credit Cards [] [The Best Balance Transfer Credit Cards of June 2023]( Balance transfer credit cards have the power to drastically cut your payments with 0% APR. But there’s a cost, and rules to follow. [Read More]( [Embrace necessity-based CRE investments]( Mike Hazinski, chief investment officer of First National Realty Partners, recently discussed with Kiplinger why he believes now is the best time to embrace necessity-based CRE investments despite seemingly adverse conditions. [READ MORE]( ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger’s Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger’s Retirement Report]( and [Kiplinger’s Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036