While the more than 1,000-page tome contains many major changes, one has been called out most often: passing it will add $2.4 ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each ...

If you’re someone who follows financial news, you may have seen the words “Social Security” on a number of occasions this ...

The bill passed by the House would raise the standard deduction by up to $4,000 for those 65 and over, starting in 2025 to ...

Trump’s “Big Beautiful Bill,” risks deep cuts to Social Security, Medicare & Medicaid. Here's what retirees need to know, including deadlines and CBO estimates, and responses from lawmakers.

President Trump’s campaign promise to eliminate taxes on Social Security benefits faces a scaled-back reality in new House legislation. Instead of a f ...

The government’s Social Security promise has taken a turn, and lots of retirees are feeling let down. At first, Trump had ...

Social Security retirement claims tend to follow a seasonal pattern each year, and they increase over time with the aging of ...

Lawmakers could raise Social Security taxes to fight against a revenue shortfall. How those tax increases could play out.

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

Social Security is primarily funded by a dedicated payroll tax, which takes 6.2% of wages from workers and employers. But ...