One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

President Trump previously made a promise to eliminate federal taxes on Social Security benefits, and while the bill doesn't ...

Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each ...

A new bill offers seniors a temporary tax break but stops short of ending Social Security taxes, drawing criticism and facing ...

The bill passed by the House would raise the standard deduction by up to $4,000 for those 65 and over, starting in 2025 to ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

Trump’s “Big Beautiful Bill,” risks deep cuts to Social Security, Medicare & Medicaid. Here's what retirees need to know, including deadlines and CBO estimates, and responses from lawmakers.

Social Security can't just disappear because it has a pretty solid source of funding -- payroll taxes. As we all work and pay ...

"In the coming weeks and months, we will pass the largest tax cuts in American history — and that will include no tax on tips, no tax on Social Security, and no tax on overtime," he said. However, ...

As retirement pressures mount across the U.S., Social Security remains one of the most critical issues facing lawmakers. With inflation tightening budgets for millions of seniors a ...

President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.

Not satisfied with massive reductions to Medicaid, GOP lawmakers — with the president’s support — now have Medicare in their sights, according to NBC News. That would mean cuts to two of the U.S.