This is Part 1 of our 3-part series on taxes in retirement. For Part 2, click here, and for Part 3, click here.

Recently, retirees have been flooded with claims that federal taxes on Social Security have been eliminated. Let’s clear that up: federal taxes still apply to Social Security benefits.

Depending on your income, up to 85 percent of your benefits can be taxed. While some new legislation has been proposed, no official repeal or change has taken effect at the federal level.

That said, eligible retirees can claim a $6,000 federal deduction, which may reduce their taxable income and offer some relief. This deduction helps, but it doesn’t remove the need for broader reform.

We believe clarity matters. Retirees deserve the facts and real solutions when it comes to protecting what they’ve earned. In Part 2, we’ll explore how your state of residence can impact how much of your Social Security you actually get to keep.

Follow us on Facebook and Twitter for the continuation of our 3-part series. And don’t forget to sign our petition to protect Social Security benefits.