News

In April, more than 52 million retired-worker beneficiaries brought home an average Social Security check totaling just shy ...
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 ...
President Trump’s campaign promise to eliminate taxes on Social Security benefits faces a scaled-back reality in new House ...
Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.
What happened to no tax on social security benefits? This tax plan was pushed through in a different legislative process.
Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...
For most Americans, Social Security income isn't a luxury -- it's a foundational part of their financial well-being. More ...
This deduction would likely benefit people who earn modest incomes. The lowest-earning seniors already pay no federal income ...
President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.
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 ...
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 ...
Congressional tax writers will begin considering ... “We find President Trump’s campaign proposals would dramatically worsen Social Security’s finances,” said an analysis by the ...