Claiming as early as possible will give you the most checks, but you have to prepare yourself for drawbacks too.

Locking in guaranteed payments early can be appealing, but retirees should carefully consider the long-term impact.

One of President Donald Trump's biggest promises to seniors during his 2024 campaign was that he would eliminate taxes on ...

One of the most common concerns is whether annuity payments count as income for Social Security purposes. An annuity can have an impact on your benefits, but perhaps not in the way you'd expect.

The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.

Experts say retiree Social Security is still taxable and you'll need to read the fine print to understand your situation and what you should withhold.