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 ...

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Social Security remains a pivotal issue for U.S. lawmakers, especially as retirement pressures and inflation impact millions ...

Trump’s new tax plan targets senior benefits, with potential effects on Medicare, Medicaid, and the national deficit as it ...

The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...

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 ...

The latest projections come amid bitter political and legal fights over the Trump administration’s early efforts to crack down on alleged fraud in Social Security programs.

President Trump has proposed eliminating taxes on Social Security benefits. Taxes on Social Security are often complex and can present a financial burden on many households. The proposal will ...

Trump has said for months that he wanted to end the federal income tax on Social Security benefits. About 6.3 million Californians receive Social Security benefits.

Image source: The White House. It's important to understand the current state of Social Security before diving into how President Trump's proposal will impact seniors. As it stands, retirees are ...