How to reduce taxes on Social Security benefits

How to reduce taxes on Social Security benefits is an important question for many retirees. In this case study, Sebastian Guerra guides Martha and Bart, a retired couple with $710,000 in investments, through strategies to manage their $5,200 monthly Social Security income alongside withdrawals from other accounts. By carefully choosing where to withdraw funds—from taxable, tax-deferred, and tax-free accounts—they reduce their tax bill on Social Security from thousands of dollars to just $817. This video shows how understanding tax rules and planning withdrawals can help you keep more of your retirement income.