President Trump's tax proposal promises to eliminate Social Security taxes, but legislative drafts reveal a different story.

President Trump's ambitious fiscal plan aims to reshape the U.S. tax landscape, focusing on providing relief to seniors.

The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.

Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not quite the case.

After 2034, Social Security would only have enough funds to cover 81% of benefits. After 2033, Medicare’s hospital insurance trust fund would only be able to pay 89% of costs.

The combined trust funds for Social Security are projected to run out in 2034, a year earlier than previously predicted, a board of trustees of the program’s accounts said in a new report ...

Social security benefits to rise 2.5% in 2025 Social Security recipients will receive a 2.5% increase in their monthly checks in 2025. Analysts had predicted a 2.5% bump for 2025, which is smaller ...

Given that, substantially increasing or decreasing Social Security’s administrative budget has a negligible impact on the system’s finances. Today’s report is a reminder that even as DOGE’s cuts to ...

An annual update from Social Security says the safety net program's trust fund will run out of cash in eight years. After that, payroll taxes will cover only about 77% of expected benefits.

WASHINGTON (AP) — The go-broke dates for Medicare and Social Security ‘s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed ...

Meanwhile, Social Security's trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2034, instead of last year's estimate of 2035. After that ...