One of the greatest questions when you are planning for retirement is where is the income going to come from. When the salary and/or hourly wages come to a stop, where is the money coming in from. From a financial planning standpoint, this is one of the most important questions that we plan for. One source of retirement income that most have access to is Social Security. But how does Social Security work, when can you apply for, how much will you receive and how is it taxed?

Social Security Administration Website: https://www.ssa.gov/myaccount/?gclid=Cj0KCQiApKagBhC1ARIsAFc7Mc4haMM8dACK_ct8h6fxIivluYOnJ3rMhNRurPG8dr5QsGbEB6_PbhoaAqsrEALw_wcB