Congress could look to high earners to help offset lost revenue and possibly shore up the Social Security program.

A new legislative proposal could permanently eliminate federal income taxes on Social Security benefits, offering significant ...

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the number of seniors who won't pay taxes on Social Security to 88 percent.

President Donald Trump's recently signed tax legislation, often referred to as the "big beautiful bill," offers some relief ...

No provision in the new tax bill makes Social Security benefits tax free. Social Security benefits began being taxed at the federal level in 1984 to shore up the Social Security trust fund, which was ...

The "big, beautiful bill" provides a deduction, but doesn't eliminate the federal tax on Social Security. The amount you owe in federal taxes on Social Security depends on income. State taxes still ...

It's wise to be prepared for any eventuality. Read on for a deep dive into Social Security and what strategies I as a finance professional recommend.

American workers often pay less tax after they retire. But if you've built up a large nest egg in retirement accounts, you could face an unexpected increase.

Social Security rules changed this year—learn the four updates that could impact your benefits, retirement planning and ...

Social Security benefits can be subject to federal taxation depending on your total income, and they can bump you into a ...