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The White House claims that 33.9 million seniors will earn $670 on average with the $6,000 deduction, but it does not ...
Social Security plays a big role in many Americans' retirement security. In fact, 40% of Americans ages 65 and older rely on ...
The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.
President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...
Congress is nearing a decision on how close its tax-and-spending megabill can get to President Trump’s promise of “no tax on Social Security.” The latest version of the bill in the Senate ...
Lawmakers don't want to see those cuts happen, so they've been talking through different solutions to prevent them. And one ...
Social Security is hugely important to a large share of Americans. Almost 69 million Americans will receive monthly Social Security benefits in 2025, totaling about $1.6 trillion in benefits paid ...
How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...
A look at some of the key provisions in Republicans' domestic policy bill and where the two chambers are divided.
The One Big Beautiful Bill extends tax cuts from Trump’s first term, implements new campaign proposals — including no taxes ...
Once you reach retirement age and start receiving a monthly Social Security check, you might think your days of paying taxes are behind you, at least when it comes to paying taxes on Social Security ...
WAMSLEY: Congress could raise taxes, they could cut benefits or some combination of the two. Currently, for instance, people don't pay Social Security taxes on any income above $176,000 a year.