As we step into 2025, understanding the latest updates to Social Security is crucial for retirement planning. With changes in taxable income limits and strategic retirement age considerations, these ...

The Senate’s version of the “big, beautiful bill,” which passed Tuesday, includes a $6,000 tax deduction for Americans 65 or ...

President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...

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

The SSA releases a report called the Monthly Statistical Snapshot, which includes information about how much money the ...

The Social Security formula for the year 2024 -- which applies to anyone born in 1962 -- is as follows: Multiply the first $1,174 of your AIME by 90%. Multiply any amount between $1,174 and $7,078 ...

Before 1985, Social Security benefits were not subject to federal taxes. Beneficiaries received their full amount without deductions. However, this changed, and now, for retirees with higher ...

A: You and your friends are all wrong. Social Security retirement benefits are based on the highest 35 years of earnings.

Many people spend years working, earning money, and paying taxes on that money. And one benefit you’re supposed to get after all of those years is the promise of Social Security in retirement. But ...

The way inflation trends in July will help determine what raise Social Security beneficiaries get in 2026. If you're someone ...

The cost-of-living adjustment, commonly referred to as COLA, has been a long-standing element of Social Security benefits, ...

Social Security Cost of Living Adjustments, or COLAs, are a lifeline for seniors. Without them, Social Security benefits ...