Do 401(k) Contributions Limit Social Security Benefits?

Bouchey Financial Group

Written by: Marty Shields  A question we have heard recently is whether contributing to your employer 401(k) or 403(b) plan will limit your social security benefits when you retire.  This question comes from the misperception that you don’t pay Federal Insurance Contribution Act (FICA) tax on those contributions.   The simple answer is contributions to your…

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