The bonus reduction will add $670 to the after-tax income of seniors on average.

The Social Security Administration has been facing an impending insolvency crisis.

Retirees claiming Social Security could be impacted by this huge change.

The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.

Increasing your income today can lead to larger Social Security checks in retirement. You might be surprised by how much ...

Many retirees rely on Social Security to help cover costs. The Senior Citizens League has warned that there's a big problem with Social Security that's only getting worse. Lawmakers need to act, or ...

Most states don’t tax Social Security, but rules vary in the 8 that do. Get up-to-date exemptions, thresholds and new ...

Social Security beneficiaries will see their monthly payments increase 2.8% beginning in January 2026. For a retiree receiving the average benefit amount, that equals $56 more per month. “They won’t ...

Social Security has a lot of complicated rules, and it is important for both current and future retirees to understand them. This is especially true when it comes to rules that can affect the amount ...

Retirees will enjoy a generous new tax break in 2026, courtesy of the One Big Beautiful Bill Act. Eligible taxpayers who are 65 and over and whose income doesn’t exceed allowable limits will be able ...