The IRS is set to implement significant changes in 2025 that will impact retirement savings and Social Security strategies.

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 ...

In April, more than 52 million retired-worker beneficiaries brought home an average Social Security check totaling just shy ...

Seniors will continue paying taxes on Social Security benefits under Trump's new legislation despite campaign promises. The bill compensates with enhanced tax deductions while proposing significant ...

In a surprising shift, the Trump administration is reconsidering its stance on garnishing Social Security payments to recover ...

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

The 'One Big Beautiful Bill Act' aims to temporarily ease the tax burden for Social Security beneficiaries, promising a ...

The House bill’s proposed $4,000 senior deduction falls short of eliminating taxes on Social Security benefits altogether.

Amidst growing concerns about the solvency of Social Security, a new bill, H.R. 904, proposes to eliminate federal taxes on ...

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The Trump administration's tax reform proposal for Social Security marks a significant shift from campaign promises.

Navigating the complexities of Social Security taxes can be daunting. Discover how one family managed to save $89,000 by ...