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 ...

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 ...

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 ...

Major changes to state-level Social Security taxation could mean thousands in savings for retirees. From West Virginia's ...

Social Security is an important source of income for millions of Americans, but the program has a serious financial problem.

Here’s what you can do to improve your retirement plan and replace potentially missing Social Security income.

Social Security has long served as a financial safety net for millions of Americans, but the program faces increasing ...

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

Social Security benefits were excluded from income taxes until 1984, when changes signed into law by President Ronald Reagan introduced taxes on Social Security income above a certain threshold.

House Republicans’ sweeping budget bill does not eliminate taxes on Social Security benefits — a signature piece of President Donald Trump’s platform — but officials say an enhanced standard deduction ...

Here’s what to know about the change with Social Security and how it will impact retirees’ taxes. “This change primarily benefits public sector retirees, such as teachers, firefighters ...