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Another Misconception About Reverse Mortgages

What's the Misconception?

A Common and Prevalent Misconception is that Reverse Mortgage proceeds will impact Social Security or Medicare benefits....creating a killer situation for seniors.

What's the real fact on this baby? Reverse Mortgage proceeds are not taxable. Therefore they will won't be taxed and, as a result they will not affect Social Security or Medicare Benefits

Posted Friday Aug 19