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.

The COLA is called a raise because it results in a retiree’s monthly benefits check getting bigger.  The purpose of it is to ...

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement ...

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

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 ...

You can only claim the new senior tax deduction if you were 65 or older at the end of 2025. You must also provide your Social ...

Social Security's inflation-measuring yardstick continues to come up short for those who rely most on Social Security income.

Anyone who receives Social Security retirement benefits before their full retirement age and continues to work needs to know ...

A Brookings report argues Social Security’s funding shortfall shouldn’t trigger a shift to flat benefits. While trust funds face depletion by 2032, experts say preserving wage replacement protects ...