Assessing the new over-65 deduction and its implications for Social Security taxation, as well as new rules for charitable ...

(NEXSTAR) — There have been several changes to government benefit payments already this year, including increased checks for some and clawbacks for outstanding overpayments for others. In about two ...

The Trump administration's tax reform introduced a temporary tax deduction for seniors, set to expire in 2028. This change could impact the financial stability of millions of older adults, as the ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

The same approach could work again: thoughtful, phased reforms that maintain the program’s core protections. Ideas on the ...

You’re not prohibited from working if you collect Social Security retirement benefits, but these rules can apply depending on ...

The budget includes a deduction for taxpayers over age 65, starting in 2025. But it would benefit fewer than half of older ...

The SSA’s July 3 email announced that the so-called One Big Beautiful Bill (signed into law by President Donald Trump on July ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and ...

Expiration of Affordable Care Act (ACA) subsidies will significantly impact Florida, which has the highest proportion of ACA ...

Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.