According to Gay, the law adds a $6,000 tax deduction for anyone 65 or older, regardless of whether they receive Social Security benefits. That's a key difference from the messaging around the bill.

If Trump deports at least 10% of undocumented immigrants a year, Social Security funds are expected to be depleted six months ...

Under a spending and policy bill signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of ...

Social Security checks are smaller for many Americans this month. Here's why payments were reduced, who is affected, and how ...

You’re not prohibited from working if you collect Social Security retirement benefits, but these rules can apply depending on ...

Financial adviser Devin Carroll got right to work over the Fourth of July weekend assessing his clients’ tax obligations ...

Pairing an annuity and Social Security can have a big, and perhaps surprising, impact on your retirement plan.

The good news is that most states don't tax Social Security benefits at all. In more than 80% of all U.S. states, Social ...

A new $6,000 federal tax deduction reshapes how Social Security recipients are taxed, but not all seniors will see the same relief under the law.

The Social Security Administration said the bill ensures most Social Security beneficiaries will no longer pay federal income ...

President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but ...