Taxation of Social Security benefits has been in the news lately, with the passage of a temporary tax deduction as part of the One, Big, Beautiful Bill Act. The bill includes a deduction of $6,000 for ...

You can either budget for these taxes on your own or request that the Social Security Administration withhold money from your checks. Social Security changes have been in the news so much in 2025 that ...

The OBBBA creates a $6,000 annual deduction for taxpayers 65 and over starting in 2025. The deduction phases out for income above $75,000 (single) or $150,000 (joint). The tax break expires in 2028, ...

You may not need to pay Social Security tax on all of your earnings if you have a high salary. Workers pay into the Social Security system until their income reaches the Social Security tax limit for ...

The Social Security tax limit for 2026 has increased to $184,500. Find out how this 4.8% jump affects your paycheck and what ...

After a year of market swings and slowly creeping inflation, high-income earners will see a subtle but costly change in 2026: ...

One Senator believes there's a way to eliminate taxes on benefits while strengthening Social Security. President Trump campaigned on several tax changes, including the elimination of taxes on tips, ...

There have been claims that the Big Beautiful Bill Act eliminated taxes on Social Security. Suze Orman has shared the truth that the rules on taxation of Social Security have not changed. Seniors may ...

Yes, the federal government will take a cut of Social Security, which can include monthly retirement, survivor and disability benefits, if total income exceeds certain amounts. But recipients also ...

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WASHINGTON, DC - MARCH 28: Senate Majority Leader Harry Reid (D-NV) (C) speaks during a rally in support of Social Security with Sen. Tom Harkin (D-IA) (L) and Sen. Bernie Sanders (I-VT) in the ...