Pension + Social Security = A Tax Nightmare?

Most retirees assume they’re in a “low tax bracket" until Social Security taxation, pensions, Medicare premiums, and RMDs collide. In this episode of Jo Knows Retirement, Joe breaks down exactly how pensions impact Social Security taxation, why the 12% tax bracket isn’t really 12%, and how retirees unknowingly fall into the Social Security tax torpedo. 📞 Schedule a call with our team: https://peakretirementplanning.com/sc... 🎥 Subscribe to our channel: https://bit.ly/430T9Lv 📚Get a FREE copy of Joe’s book "2% Club": https://peakretirementplanning.com/tw... 🟥 Read our latest article featured in Kiplinger: https://www.kiplinger.com/retirement/... #retirement #taxplanning #pension Timestamps: 00:00 – Pensions & Social Security: The Big Question 02:48 – How Social Security Is Taxed (Provisional Income) 03:28 – When 85% of Social Security Becomes Taxable 04:03 – Is Social Security Really “Running Out”? 05:28 – Why Higher Income Creates Bigger Problems 05:59 – The Chart That Explains Retirement Taxes 12:15 – When Roth Conversions Start to Make Sense 15:46 – Final Thoughts & Next Steps Disclaimer: Since we do not know your specific situation, none of this information can serve as tax, legal, insurance, or financial advice, and may be outdated or inaccurate. The information comes from sources believed to be reliable but cannot be guaranteed. This content is prepared for educational purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Peak Retirement Planning, Inc. is a Securities and Exchange Commission registered investment adviser and able to offer advisory services in Ohio and in other states where registered or exempt from registration.