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

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

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 ...

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

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

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

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 ...

Key Takeaways The reserves of the trust funds the Social Security Administration relies on to pay 68 million beneficiaries could be depleted by 2034, according to a report released Wednesday.Once the ...

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...

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