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

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

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...

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 ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

Clear Start Tax Explains How the IRS Can Legally Withhold a Portion of Your Social Security and What Retirees Can Do About It IRVINE, CA / ACCESS Newswire / May 30, 2025 / Many retirees believe that ...

Increasing or eliminating the payroll tax cap would give Social Security billions of dollars to put toward future benefits. But it's not enough to permanently resolve the program's funding issues.

This is a highly contentious issue, as there are arguments both for and against making Social Security tax-free. On the one hand, you have the idea that beneficiaries would have more money to ...

Most U.S. adults said Social Security benefits shouldn’t be reduced in any way – a view broadly shared across ages, racial and ethnic groups, partisan affiliations and income brackets.

Trump's spending bill includes around $4.9 trillion in tax breaks and increases funding for defense and border security, some of which would be paid for by Social Security cuts. It would also raise ...

Social Security problems can be solved online ... change direct deposit details and retrieve tax forms. Social Security phone wait times can stretch into the hours, and most people requesting ...