As a 2024 candidate, Donald Trump promised to end the taxation of Social Security. Both the House and Senate versions of his "Big Beautiful Bill" would cut taxes for many Social Security beneficiaries ...

Social Security is an important source of income for millions of retired seniors. But it’s not a given that you’ll get to ...

As the Republican-led Congress pushes forward with President Donald Trump’s landmark 2025 mega tax bill, you may have noticed ...

Many retirees are caught off guard by the taxation of their Social Security benefits. This article delves into the IRS ...

While Social Security is in no danger of insolvency, its existing payout schedule, including annual cost-of-living ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Social Security recently reached an important milestone: In May 2025, average benefits climbed to over $2,000 per month for ...

Learn the 11 crucial details about Social Security and taxes that can make all the difference in your post-work life. ... As with Social Security payments, you'll calculate your combined income by ...

Note that Washington, D.C. also doesn't tax Social Security benefits. Now, some states don't tax income of any kind , while others may tax income from other sources, such as a 401(k) .

Eliminating taxes on Social Security will harm everyone in the long run, but the policy will only benefit a small percentage of Americans in the near term. Low-income households pay very little taxes ...

Instead of cutting taxes on Social Security benefits, Americans age 65 and older will get an additional $4,000 tax deduction as long as their income remains below certain thresholds.