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.

Social Security checks worth up to $5,108 are set to go out. Find out your payment date, eligibility, and tips to maximize your monthly benefit.

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 ...

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 ...

The average payout could drop to $1,580 per month after 2034 -- a 19% drop from the current average retirement payout.

Importantly, RET amounts generally increase each year to account for changes in national wage levels. The trustee estimate ...