News

Ending taxes on Social Security income has made headlines as the Trump administration looks for ways to reduce financial ...
You may retire from work, but you'll never quite retire from paying taxes. How much you'll pay once you retire depends on the ...
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 ...
The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...
Importantly, RET amounts generally increase each year to account for changes in national wage levels. The trustee estimate ...
Although Donald Trump didn't hold up his end of the bargain by eliminating the taxation of benefits, select retirees are ...
Many people spend years working, earning money, and paying taxes on that money. And one benefit you’re supposed to get after ...
Donald Trump’s latest tax bill could reshape retirement deductions, impacting millions of seniors on Social Security. Here’s what retirees need to watch for.
The longer Congress waits to act, the more severe the consequences to shore up Social Security’s finances will be. Analysts ...
House and Senate Republicans are taking different approaches when it comes to the tax cuts that lawmakers are looking to ...
Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.