News

Tax breaks in the One Big Beautiful Bill are projected to force Social Security cuts around 2032 now. Voters must pay attention, this writer says.
Trump’s “Big Beautiful Bill” adds a new senior tax deduction, but doesn’t change Social Security taxes -- offering retirees potential savings on taxable income through 2029.
President Donald Trump’s ‘One Big Beautiful Bill’ offers to bring widespread tax relief for senior citizens. Signed into law on July 4, the act introduces a measure to provide significant tax ...
Individuals over the age of 65 can claim $6,000 as a tax deduction, as of their next tax filing, according to the Internal Revenue Service. Those who file joint returns can claim this amount ...
As the population ages, the amount in benefits being paid out is exceeding how much the program takes in. This has been the ...
The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...
Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social ...
Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...
What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...
Trump's new tax law gives a boost to two provisions to help parents with high child care costs. Is one better than the other?
The Bill, in its current version, is a sharp departure from just about two years ago, when in April 2023, the IT Ministry had ...
American workers pay taxes into a Social Security “trust fund ... it was obvious people aren’t as knowledgeable as they think ...