For many retirees, being taxed on Social Security benefits comes as a huge shock. These benefits are earned benefits that ...

Older Americans are heading into tax season with a rare piece of good news: a fresh $6,000 deduction designed to shrink how ...

Retirees have long complained that the federal government taxes the very Social Security benefits they spent decades earning, and a new proposal in Congress aims to shut that practice off for good.

Taxpayers must turn 65 before the end of 2025 to qualify for a new proposed deduction on next year's tax return. It would not matter if you're receiving Social Security benefits or delaying to claim.

If you're working now, you're no doubt losing a chunk of your salary to Social Security taxes. But there's good news. Once you retire, you'll most likely be eligible for a monthly benefit. So while it ...

As the Social Security Administration issues retroactive payments under the newly enacted Social Security Fairness Act, millions of retirees are celebrating increased benefits. However, while this ...

Millions of Social Security recipients automatically received COVID-19 stimulus payments through the IRS using SSA and RRB data. Payments included up to $1,200 per individual in round one, $600 in ...

Retirees could currently pay federal and state taxes on Social Security benefits, depending on where they live. President Trump's proposed plan would only eliminate federal Social Security taxes. The ...