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 Trump administration's proposals regarding Social Security are taking a new direction in the legislative landscape.

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 ...

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

no tax on Social Security, and no tax on overtime," he said. However, those major changes to tax law would likely hurt retired workers on Social Security. Here's why. Social Security is primarily ...

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

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 ...

Seemingly, the only constant in Social Security is change. Whether the changes are "good" or "bad" depends on individual ...

Retired Americans receiving Social Security income have faced major policy changes in 2024, from adjustments to the retirement age to changes in how the Social Security Administration handles ...

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 ...

As Donald Trump pushes new tax cuts, experts warn of long-term risks to Social Security. Here’s how his policies could reshape benefits and the future of retirement.