How Much Income Is Social Security Taxed? A Comprehensive Guide

How Much Income Is Social Security Taxed? Social Security benefits can be a significant source of income during retirement, but understanding how they are taxed is crucial for financial planning. At income-partners.net, we provide comprehensive information and resources to help you navigate the complexities of Social Security taxation and explore partnership opportunities to boost your income. Let’s delve into the details to help you maximize your benefits and plan for a financially secure future, by understanding retirement income, financial planning, and tax implications.

1. Understanding Social Security Taxation: An Overview

Social Security benefits can indeed be a lifesaver for retirees, providing a steady income stream to cover living expenses. However, the question of taxation often looms large, creating confusion and uncertainty. Understanding how these benefits are taxed is essential for effective financial planning and maximizing your retirement income. Let’s break down the basics.

The Basic Principle: Social Security benefits are potentially taxable at the federal level, but not all recipients will face taxation. The amount of your benefits subject to tax depends on your “combined income,” which includes your adjusted gross income (AGI), non-taxable interest, and half of your Social Security benefits.
Tax Thresholds: The IRS has established specific income thresholds that determine the percentage of your Social Security benefits that may be taxed. These thresholds vary based on your filing status:
- Individuals: If your combined income falls between $25,000 and $34,000, up to 50% of your benefits may be taxable. If your combined income exceeds $34,000, up to 85% of your benefits may be taxable.
- Married Filing Jointly: If your combined income is between $32,000 and $44,000, up to 50% of your benefits may be taxable. If your combined income exceeds $44,000, up to 85% of your benefits may be taxable.
- Married Filing Separately: If you are married filing separately and lived with your spouse at any time during the year, you will likely pay taxes on up to 85% of your benefits.
State Taxes: While the federal government taxes Social Security benefits, not all states do. It’s essential to check your state’s tax laws to understand if your benefits will be subject to state income tax.

Understanding these fundamental principles is the first step in navigating the complexities of Social Security taxation. Let’s delve deeper into the factors that influence your tax liability and strategies to minimize it.

2. Calculating Your Combined Income for Social Security Taxation

To accurately determine how much of your Social Security benefits are taxable, you must calculate your “combined income.” This figure includes several components, each playing a role in determining your tax liability. Here’s a breakdown of the calculation:

Adjusted Gross Income (AGI): Your AGI is your gross income (total income before any deductions) minus certain deductions, such as contributions to traditional IRAs, student loan interest payments, and health savings account (HSA) contributions.
Non-Taxable Interest: This includes interest earned from municipal bonds and other tax-exempt investments. While this interest is not subject to federal income tax, it is included in your combined income for Social Security taxation purposes.
Half of Your Social Security Benefits: Take the total amount of Social Security benefits you received during the year and divide it by two. This amount is also included in your combined income calculation.

Combined Income Formula:

Combined Income = AGI + Non-Taxable Interest + (0.5 * Social Security Benefits)

Example:

Let’s say you are an individual with the following income details:

AGI: $30,000
Non-Taxable Interest: $2,000
Social Security Benefits: $18,000

Your combined income would be calculated as follows:

Combined Income = $30,000 + $2,000 + (0.5 * $18,000)
Combined Income = $30,000 + $2,000 + $9,000
Combined Income = $41,000

In this scenario, your combined income is $41,000, which exceeds the $34,000 threshold for individuals. As a result, up to 85% of your Social Security benefits may be subject to federal income tax.

Tips for Managing Your AGI:

Maximize Retirement Contributions: Contributing to tax-deferred retirement accounts like 401(k)s or traditional IRAs can lower your AGI, potentially reducing the amount of your Social Security benefits that are taxed.
Consider Tax-Loss Harvesting: Selling investments that have lost value can offset capital gains and reduce your overall tax liability, impacting your AGI.
Be Mindful of Roth Conversions: While Roth conversions can be beneficial in the long run, they increase your AGI in the year of the conversion. Plan these conversions strategically to avoid pushing your combined income above the taxation thresholds.

Understanding how to calculate your combined income and manage its components is vital for minimizing the taxation of your Social Security benefits.

3. Federal Income Tax Brackets and Social Security Benefits

The amount of federal income tax you pay on your Social Security benefits depends on your income tax bracket. Understanding how these brackets work in conjunction with the taxation of Social Security can help you plan your finances more effectively.

Income Tax Brackets: The United States has a progressive tax system, meaning that the more you earn, the higher the tax rate you pay. The tax brackets are adjusted annually to account for inflation. As of 2024, the federal income tax brackets for single filers are as follows:

Tax Rate	Income Range
10%	$0 to $11,600
12%	$11,601 to $47,150
22%	$47,151 to $100,525
24%	$100,526 to $191,950
32%	$191,951 to $243,725
35%	$243,726 to $609,350
37%	Over $609,350

How Social Security Benefits are Taxed: When a portion of your Social Security benefits becomes taxable, that taxable amount is added to your other sources of income and taxed at your applicable tax bracket. Let’s illustrate this with an example:
- Scenario: Suppose you are a single filer with a combined income of $40,000, including $10,000 of taxable Social Security benefits. Your taxable income would be $40,000.
- Tax Calculation:
  - 10% on income from $0 to $11,600: $1,160
  - 12% on income from $11,601 to $40,000: ($40,000 – $11,600) * 0.12 = $3,408
  - Total Federal Income Tax: $1,160 + $3,408 = $4,568

In this case, your Social Security benefits are effectively taxed at the 12% rate because that is the tax bracket your income falls into after adding the taxable portion of your benefits.

Strategies to Minimize Taxes:
- Manage Your Income: Keep your combined income below the thresholds at which higher percentages of your Social Security benefits become taxable.
- Tax-Advantaged Investments: Use tax-advantaged accounts to reduce your overall taxable income.
- Consult a Tax Professional: Seek advice from a qualified tax advisor to create a personalized tax strategy.

Understanding how federal income tax brackets interact with the taxation of Social Security benefits can empower you to make informed financial decisions.

4. State Taxation of Social Security Benefits: A Detailed Look

While the federal government taxes Social Security benefits, whether or not your state does can significantly impact your overall tax burden. As of 2024, many states do not tax Social Security benefits, but it’s essential to know the rules in your state of residence.

States That Do Not Tax Social Security Benefits: The following states do not tax Social Security benefits:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- Wisconsin
- Wyoming
States That May Tax Social Security Benefits: A few states may tax Social Security benefits depending on your income level:
- Connecticut: Taxes Social Security benefits for individuals with AGI above $75,000 and couples with AGI above $100,000.
- Minnesota: Taxes Social Security benefits, but offers a subtraction for some recipients based on income.
- Rhode Island: Taxes Social Security benefits for individuals with AGI above $88,800 and couples with AGI above $111,000.
- Utah: Taxes Social Security benefits, but offers a tax credit for eligible recipients.
- West Virginia: Taxes Social Security benefits, but offers an exemption for some recipients based on income.
Impact on Your Overall Tax Liability: If you live in a state that taxes Social Security benefits, your overall tax liability will be higher than if you lived in a state that does not. This can impact your retirement income and financial planning.
Strategies for Minimizing State Taxes:
- Consider Residency: If you are considering relocating during retirement, research the tax laws in different states to minimize your tax burden.
- Manage Your Income: Some states have income thresholds for taxing Social Security benefits. Keeping your income below these thresholds can help you avoid state taxes.

Understanding the state taxation of Social Security benefits is an essential aspect of retirement planning. Ensure you know the rules in your state to make informed financial decisions.

5. Strategies to Minimize Taxes on Social Security Income

Navigating the taxation of Social Security benefits can be complex, but several strategies can help minimize your tax liability. Here’s a detailed look at some effective methods:

Managing Your Adjusted Gross Income (AGI):
- Maximize Retirement Contributions: Contributing to tax-deferred retirement accounts like 401(k)s or traditional IRAs reduces your current taxable income. These contributions are made before taxes, lowering your AGI and potentially reducing the amount of Social Security benefits that are taxed.
- Health Savings Account (HSA) Contributions: Contributions to an HSA are also tax-deductible, further reducing your AGI. HSAs are particularly beneficial if you have high healthcare costs in retirement.
- Tax-Loss Harvesting: Selling investments that have lost value can offset capital gains, reducing your overall tax liability and AGI. However, be mindful of the wash-sale rule, which prevents you from immediately repurchasing the same or substantially similar investments.
Strategic Roth Conversions:
- The Basics of Roth Conversions: Converting traditional IRA or 401(k) assets to a Roth IRA involves paying income tax on the converted amount in the year of the conversion. However, future withdrawals from the Roth IRA are tax-free.
- Timing Your Conversions: Performing Roth conversions during years when your income is lower can be a strategic way to manage your long-term tax liability. By converting smaller amounts over several years, you can avoid pushing yourself into a higher tax bracket and minimizing the impact on your Social Security benefits taxation.
- Example Scenario: If you anticipate higher income in future years, converting to a Roth IRA now can help you avoid higher taxes later. For instance, if you are nearing retirement and expect your income to increase once you start withdrawing from other retirement accounts, converting to a Roth IRA before that income spike can be advantageous.
Optimizing Investment Strategies:
- Tax-Efficient Investments: Consider investing in tax-efficient vehicles like municipal bonds, which offer interest that is exempt from federal (and sometimes state) income tax. While this interest is included in your combined income calculation for Social Security taxation, it does not increase your AGI.
- Asset Location: Place assets that generate taxable income (such as bonds or dividend-paying stocks) in tax-deferred accounts, and assets with potential for high growth (such as stocks) in Roth accounts.
Delaying Social Security Benefits:
- Increased Benefits: Delaying Social Security benefits can result in a higher monthly payment. For each year you delay beyond your full retirement age (up to age 70), your benefits increase by about 8%.
- Tax Implications: While delaying increases your monthly benefit, it may also result in a higher combined income when you eventually start receiving benefits. Evaluate whether the increased benefit outweighs the potential for higher taxes.
Relocating to a Tax-Friendly State:
- State Income Taxes: As discussed earlier, some states do not tax Social Security benefits. Moving to one of these states can significantly reduce your overall tax burden.
- Other Considerations: Consider other factors such as cost of living, healthcare access, and proximity to family when making relocation decisions.

By implementing these strategies, you can effectively minimize the taxes on your Social Security income and maximize your retirement savings. Consulting with a financial advisor or tax professional can provide personalized guidance based on your specific circumstances.

6. The Role of Estimated Taxes and Withholding

Managing your taxes on Social Security benefits involves understanding how estimated taxes and withholding work. These methods help ensure you meet your tax obligations throughout the year, avoiding penalties and surprises when you file your tax return.

Estimated Taxes: If you receive income that is not subject to withholding, such as self-employment income, investment income, or Social Security benefits, you may need to pay estimated taxes. Estimated taxes are paid in quarterly installments to the IRS.
Who Needs to Pay Estimated Taxes? You generally need to pay estimated taxes if:
- You expect to owe at least $1,000 in taxes for the year.
- Your withholding and credits will be less than the smaller of:
  - 90% of the tax shown on the return for the year.
  - 100% of the tax shown on the return for the prior year.
Calculating Estimated Taxes: To calculate your estimated taxes, you’ll need to estimate your expected income, deductions, and credits for the year. Use Form 1040-ES, Estimated Tax for Individuals, to help you with this calculation.
Withholding from Social Security Benefits: Another way to manage your taxes on Social Security benefits is to have federal income tax withheld directly from your benefit payments. You can choose to have 7%, 10%, 12%, or 22% of your benefits withheld.
How to Request Withholding: To request withholding from your Social Security benefits, complete Form W-4V, Voluntary Withholding Request, and submit it to the Social Security Administration (SSA).
Adjusting Your Withholding: It’s essential to review your withholding annually to ensure it aligns with your tax liability. Life changes such as retirement, changes in income, or significant deductions can impact your tax situation.
Avoiding Penalties: Failing to pay enough tax throughout the year can result in penalties. By paying estimated taxes or having sufficient tax withheld from your Social Security benefits, you can avoid these penalties.
Safe Harbor Rule: You can avoid penalties if you meet the “safe harbor” rule, which means you pay at least:
- 90% of the tax shown on the return for the year, or
- 100% of the tax shown on the return for the prior year (as long as your AGI was not more than $150,000, or $75,000 if married filing separately).

Understanding the role of estimated taxes and withholding is crucial for managing your tax obligations on Social Security benefits. By accurately estimating your tax liability and using these methods, you can avoid penalties and ensure a smoother tax filing process.

7. How Social Security Benefits Are Taxed for Non-U.S. Citizens Living in the USA

The taxation of Social Security benefits for non-U.S. citizens living in the USA depends on their residency status and the tax treaties between the U.S. and their country of citizenship. Here’s a detailed overview:

Residency Status:
- Resident Alien: A resident alien is generally taxed on their worldwide income, including Social Security benefits, just like U.S. citizens. They are subject to the same federal and state income tax rules.
- Non-Resident Alien: A non-resident alien is generally taxed only on income that is effectively connected to a U.S. trade or business and certain U.S. source income. The taxation of Social Security benefits for non-resident aliens can be more complex.
Tax Treaties: The United States has tax treaties with many countries that can affect how Social Security benefits are taxed for non-resident aliens. These treaties often provide specific rules for the taxation of pensions, annuities, and Social Security benefits.
General Rule for Non-Resident Aliens: Unless a tax treaty provides otherwise, Social Security benefits paid to non-resident aliens are generally subject to a 30% withholding tax. This tax is withheld from the gross amount of the benefit payment.
Tax Treaty Benefits: Many tax treaties reduce or eliminate the 30% withholding tax on Social Security benefits. To claim treaty benefits, non-resident aliens must typically complete Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting, and provide it to the Social Security Administration.
Examples of Tax Treaty Provisions:
- Canada: Under the U.S.-Canada tax treaty, Social Security benefits paid to Canadian residents are generally taxable only in Canada.
- Germany: Under the U.S.-Germany tax treaty, Social Security benefits are generally taxable only in the country of residence.
- United Kingdom: The U.S.-UK tax treaty provides that Social Security benefits are taxable only in the country of residence.
Form W-8BEN: Non-resident aliens must complete Form W-8BEN to certify their foreign status and claim treaty benefits. This form requires information such as name, address, country of residence, and taxpayer identification number (if any).
Substantial Presence Test: To determine residency status, the IRS uses the substantial presence test. This test counts the number of days a non-U.S. citizen is physically present in the United States during a three-year period.
Seeking Professional Advice: The taxation of Social Security benefits for non-U.S. citizens can be complex, especially when tax treaties are involved. Consulting with a tax professional who specializes in international tax issues is highly recommended.

Understanding how Social Security benefits are taxed for non-U.S. citizens living in the USA requires careful consideration of residency status, tax treaties, and IRS regulations. Non-resident aliens should review the relevant tax treaties and seek professional advice to ensure they comply with U.S. tax laws and optimize their tax situation.

8. Common Misconceptions About Social Security Taxes

There are several common misconceptions about Social Security taxes that can lead to confusion and misinformed financial decisions. Let’s debunk some of these myths:

Misconception 1: Social Security Benefits Are Never Taxed
- Reality: While it’s true that some people do not pay taxes on their Social Security benefits, this is not the case for everyone. Whether or not your benefits are taxed depends on your combined income. If your combined income exceeds certain thresholds, up to 85% of your benefits may be subject to federal income tax.
Misconception 2: Only High-Income Individuals Pay Taxes on Social Security Benefits
- Reality: While high-income individuals are more likely to pay taxes on a larger portion of their Social Security benefits, even those with moderate incomes can be subject to taxation. The thresholds for taxation are relatively low, so it’s essential to calculate your combined income accurately.
Misconception 3: If I Pay Taxes on My Social Security Benefits, I’m Being Taxed Twice
- Reality: This is a common concern, but it’s not entirely accurate. Social Security taxes you pay during your working years fund the Social Security system, which provides benefits to current retirees and other beneficiaries. When you receive Social Security benefits in retirement, the portion that may be taxed is treated as regular income for federal income tax purposes.
Misconception 4: All States Tax Social Security Benefits
- Reality: The majority of states do not tax Social Security benefits. As of 2024, most states provide a full exemption for Social Security benefits from state income tax. However, a few states may tax benefits depending on your income level.
Misconception 5: Social Security Taxes Are the Same for Everyone, Regardless of Filing Status
- Reality: The thresholds for taxing Social Security benefits vary depending on your filing status. For example, the thresholds are different for individuals, married couples filing jointly, and married couples filing separately.
Misconception 6: I Can Avoid Social Security Taxes by Taking My Benefits Early
- Reality: Taking Social Security benefits early does not necessarily avoid taxes. While your monthly benefit amount will be lower, your combined income may still exceed the thresholds for taxation, especially if you have other sources of income.
Misconception 7: I Don’t Need to Report My Social Security Benefits on My Tax Return If They Are Not Taxed
- Reality: You are still required to report your Social Security benefits on your tax return, even if they are not taxable. This information is used to calculate your combined income and determine whether any portion of your benefits is subject to tax.

Understanding these common misconceptions can help you make informed decisions about your Social Security benefits and financial planning. Always verify information and seek professional advice to ensure you have accurate and up-to-date knowledge.

9. Resources for Understanding Social Security Taxes

Navigating the complexities of Social Security taxes can be challenging, but numerous resources are available to help you understand the rules and make informed decisions. Here’s a compilation of valuable resources:

Social Security Administration (SSA):
- Website: The official SSA website (ssa.gov) is a comprehensive resource for all things related to Social Security. You can find information on benefits, eligibility, taxation, and more.
- Publications: The SSA offers numerous publications and fact sheets on various topics, including how Social Security benefits are taxed. These publications are available for free download on the SSA website.
- Online Tools: The SSA website also provides online calculators and tools to help you estimate your benefits and understand the potential tax implications.
Internal Revenue Service (IRS):
- Website: The IRS website (irs.gov) is the primary source for information on federal taxes, including the taxation of Social Security benefits.
- Publication 915: IRS Publication 915, Social Security and Equivalent Railroad Retirement Benefits, provides detailed guidance on how Social Security benefits are taxed. You can download this publication from the IRS website.
- Tax Forms and Instructions: The IRS website also provides all the necessary tax forms and instructions for reporting Social Security benefits, such as Form 1040 and Schedule SE.
AARP (American Association of Retired Persons):
- Website: The AARP website (aarp.org) offers a wealth of information and resources for retirees, including articles and guides on Social Security taxes.
- Educational Programs: AARP provides educational programs and workshops on various financial topics, including Social Security.
National Council on Aging (NCOA):
- Website: The NCOA website (ncoa.org) offers resources and information on various issues affecting older adults, including Social Security and financial security.
Financial Planning Association (FPA):
- Website: The FPA website (fpanet.org) allows you to search for qualified financial advisors in your area. A financial advisor can provide personalized guidance on Social Security taxes and retirement planning.
Certified Public Accountants (CPAs):
- Directory: You can find a directory of CPAs in your area through professional organizations such as the American Institute of Certified Public Accountants (AICPA). A CPA can help you navigate the complexities of Social Security taxes and develop a tax-efficient retirement plan.
Tax Software and Online Resources:
- Tax Software: Various tax software programs, such as TurboTax and H&R Block, can help you calculate your Social Security taxes and file your tax return.
- Online Calculators: Numerous online calculators can help you estimate your Social Security benefits and understand the potential tax implications.

By utilizing these resources, you can gain a better understanding of Social Security taxes and make informed decisions about your retirement planning. Always seek professional advice when needed to ensure you are complying with tax laws and optimizing your financial situation.

10. Maximizing Your Income with Strategic Partnerships through Income-Partners.net

Understanding the taxation of Social Security benefits is just one piece of the retirement planning puzzle. To truly secure your financial future, exploring additional income streams and strategic partnerships is essential. This is where income-partners.net comes into play.

Addressing the Challenges: Many individuals face challenges in retirement, including:
- Insufficient Income: Social Security benefits may not be enough to cover all living expenses.
- Inflation: The rising cost of goods and services can erode the purchasing power of fixed incomes.
- Healthcare Costs: Unexpected medical expenses can strain retirement savings.
How Income-Partners.net Can Help: income-partners.net provides a platform for individuals to discover and connect with potential business partners, creating opportunities to generate additional income.
Types of Partnerships to Explore:
- Strategic Alliances: Partner with complementary businesses to expand your reach and offer more value to customers.
- Joint Ventures: Collaborate on specific projects or ventures to share resources and expertise.
- Affiliate Marketing: Promote products or services for other businesses and earn commissions on sales.
- Real Estate Partnerships: Invest in real estate projects with other investors to generate rental income or capital appreciation.
Benefits of Strategic Partnerships:
- Increased Income: Generate additional income streams to supplement Social Security benefits and retirement savings.
- Diversification: Diversify your income sources to reduce financial risk.
- Leveraging Expertise: Partner with others who have skills and knowledge that complement your own.
- Expanded Network: Build a network of business contacts and potential customers.
Success Stories:
- Example 1: A retired teacher partnered with a local tutoring company to offer online courses, generating a steady stream of income.
- Example 2: A former engineer collaborated with a tech startup to develop and market a new product, earning royalties on sales.
- Example 3: A retired business executive joined forces with a real estate developer to invest in a residential property, receiving rental income and potential capital gains.
Call to Action: Visit income-partners.net today to:
- Explore Partnership Opportunities: Discover a wide range of potential business partnerships.
- Connect with Like-Minded Individuals: Network with other professionals and entrepreneurs.
- Access Valuable Resources: Learn about partnership strategies, business development, and financial planning.

By leveraging the power of strategic partnerships, you can enhance your retirement income and secure your financial future. Don’t rely solely on Social Security benefits – take proactive steps to create additional income streams and maximize your financial potential with income-partners.net.

FAQ: Frequently Asked Questions About Social Security Taxes

At what income level do I have to pay taxes on Social Security benefits?

The income level at which you have to pay taxes on Social Security benefits depends on your filing status and combined income. For individuals, if your combined income is between $25,000 and $34,000, up to 50% of your benefits may be taxable. If it’s above $34,000, up to 85% may be taxable. For married couples filing jointly, the thresholds are $32,000 to $44,000 for up to 50% and above $44,000 for up to 85%.
What is “combined income” for Social Security tax purposes?

Combined income includes your adjusted gross income (AGI), non-taxable interest, and half of your Social Security benefits. It is used to determine the amount of your Social Security benefits that may be subject to tax.
How can I reduce the amount of taxes I pay on my Social Security benefits?

You can reduce the amount of taxes you pay on your Social Security benefits by managing your adjusted gross income (AGI) through maximizing retirement contributions, strategic Roth conversions, and optimizing investment strategies.
Do all states tax Social Security benefits?

No, most states do not tax Social Security benefits. However, a few states may tax benefits depending on your income level. It’s essential to check your state’s tax laws to understand if your benefits will be subject to state income tax.
What is Form W-4V, and how do I use it?

Form W-4V, Voluntary Withholding Request, is used to request federal income tax withholding from your Social Security benefits. You can complete this form and submit it to the Social Security Administration (SSA) to have taxes withheld directly from your benefit payments.
Are Social Security benefits taxed differently for non-U.S. citizens living in the USA?

Yes, the taxation of Social Security benefits for non-U.S. citizens depends on their residency status and any tax treaties between the U.S. and their country of citizenship. Non-resident aliens may be subject to a 30% withholding tax unless a tax treaty provides otherwise.
What should I do if I receive Social Security benefits and other income?

If you receive Social Security benefits and other income, it’s crucial to calculate your combined income accurately to determine the amount of your benefits that may be taxable. You may also need to pay estimated taxes or adjust your withholding to avoid penalties.
How do I report Social Security benefits on my tax return?

You report Social Security benefits on your federal tax return using Form 1040 and Schedule SE. The specific lines for reporting Social Security benefits and calculating any taxable amount are provided in the tax form instructions.
Can I deduct Medicare premiums from my taxable income?

Yes, you can typically deduct Medicare premiums, including premiums for Medicare Part B and Part D, as medical expenses on Schedule A of Form 1040, subject to certain limitations.
Where can I find more information about Social Security taxes and retirement planning?

You can find more information about Social Security taxes and retirement planning from the Social Security Administration (SSA), the Internal Revenue Service (IRS), AARP, the National Council on Aging (NCOA), and qualified financial advisors or CPAs. Additionally, visit income-partners.net to explore partnership opportunities for additional income.