During his presidential campaign, Trump promised widespread tax cuts -- from no tax on tips or overtime to cutting federal taxes on Social Security benefits. The latter, specifically, could have a direct impact on millions of retirees, with around 40% of those collecting benefits owing taxes on them.

During his presidential campaign, Donald Trump signaled support for ending the decades-long practice of taxing Social Security benefits on several occasions. "Seniors should not pay tax on Social Security," Trump asserted on his social media platform in July. He then repeated the proposal in August during an interview with Fox.

Social Security benefits in the United States will see a significant increase due to the Cost of Living Adjustment (COLA). This change, driven by inflation, will impact the monthly payments received by beneficiaries,

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for their marital status.

A major concern for many voters in the 2024 U.S. Presidential election was the state of Social Security. Seniors are worried that Social Security isn't doing enough to help them keep up with rising inflation.

Here is all you need to know about this month’s Social Security payments, which go out in three rounds. When does the check arrive? Social Security payments typically begin on t

My wife will reach her full Social Security benefit at 66.5 years of age which is just under 2 years away for her now. If she were to begin to get her monthly check now (i.e. early), would that prevent her from being eligible for the spousal benefit to receive half of what I am currently drawing?

The Social Security Administration (SSA) is a cornerstone for over 64 million retirees in the United States, ensuring their financial security. A new Senate proposal to raise the eligibility age has sparked widespread debate.