Tax and Social Security Questions

Buffalo, MN(Zone 4a)

We are visiting relatives and they are both on SS. We were talking last night and they were saying that if your adjusted gross income is less than $39,000, you only have to pay taxes on 1/2 of your SS earnings and that they are always very careful to stay below that amount. They are very careful not to draw extra funds from their retirement annuity-they will take out a loan instead. Have you all heard of this? My husband is on SS but I won't be for another 5 years but I'm interested in this topic for planning purposes.

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