Which of the following is true about Social Security retirement benefits?
A) Benefits are subject to federal income tax.
B) An earnings test exists for those beneficiaries aged 50 and under.
C) Currently, an earnings test is required for those who have reached retirement age.
D) Benefits are entirely free from state income tax throughout the U.S.
E) An earnings test increases a person's incentive to retire.
Correct Answer:
Verified
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