The Social Security Fairness Act, which eliminated WEP and GPO, led to unexpected tax bills for retirees. A new bill is aiming to fix this.

A bipartisan “fix” to Social Security benefits for public-sector retirees could lead to a big tax hit for those Americans. Lawmakers are racing the clock before taxes come due on April 15.

Add Yahoo as a preferred source to see more of our stories on Google. Since 2012, Social Security Trustees Reports have indicated the Old-Age, Survivors, and Disability Insurance (OASDI) Trust Fund ...

A new bipartisan bill would exempt retroactive Social Security payments from federal taxes, easing a surprise financial ...

Taxes on Social Security benefits are stirring debate again, as recent changes could affect how some retirees file their ...

Some retirees face a big tax bill if lawmakers don't act.

Several senators are calling on the Social Security Administration to reconsider what they say is a flaw in the implementation of the law.

Social Security faces a financial crossroads that’s closer than many Americans realize. The retirement program won’t actually “run out of money” since current workers will always pay into the system.

Without action, the latest estimates show that the Social Security trust fund will run dry by 2032. So far, only one recent bill regarding Social Security benefits has been passed. It will take ...