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 ...

Although Donald Trump didn't hold up his end of the bargain by eliminating the taxation of benefits, select retirees are ...

While President Donald Trump’s bold campaign promise to eliminate taxes on Social Security benefits appears unlikely for 2025 ...

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

House Republicans pass compromise senior tax relief bill offering $4,000 deduction instead of eliminating Social Security ...

If you're receiving Social Security payments and owe money to the IRS, it's crucial to understand how your benefits might be ...

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 ...

Social Security is a lifeline for millions of Americans, especially amid inflation and looming fund exhaustion. While ...

During his 2024 campaign, Trump vowed to eliminate taxes on Social Security benefits for seniors. Yet, the House's domestic ...

A review from Social Security trustees has given the program until 2034 until it runs out of money, which is one year earlier ...

This includes Social Security payments, a small number of which are still issued via paper checks. Critics of the policy have ...

Social Security is at a critical juncture. With inflation straining budgets and the trust fund nearing depletion, any ...