Many retirees feel they’re being “taxed twice” on benefits they already earned. And now, U.S. Sen. Ruben Gallego (D-AZ) has introduced a measure to finally end the tax on Social Security for the more ...

All the misleading buzz about Social Security and tax cuts for seniors in "One Big Beautiful Bill" foreshadows one ugly scene after another at tax preparation offices next year. It's not going to be ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. For many retirees, being taxed on Social Security ...

In addition to nixing federal taxes on benefits, the proposal would raise the Social Security payroll tax cap to include annual earnings over $250,000. Money; Getty Images Sen. Ruben Gallego, D-Ariz., ...

After Congress passed the One Big Beautiful Bill Act, signed into law by President Donald Trump on July 4, the Social Security Administration sent out a statement saying that it “eliminates federal ...

President Donald Trump signed a bill that includes a tax deduction for seniors, but not the elimination of taxes on Social Security benefits. The deduction is temporary, lasting only through 2028, and ...

Dear Savvy Senior: Do I have to pay taxes on my Social Security retirement benefits? I heard that President Trump’s big, beautiful bill eliminated that. What can you tell me? — About to Retire Dear ...

The Social Security Administration (SSA) just announced two key updates for 2026: the new cost-of-living adjustment (COLA) and the updated Social Security tax wage base. You’ve probably heard a lot ...

Close to 74 million Americans receive Social Security benefits. Nearly two-thirds (63%) say their checks account for at least half of their personal income, according to the Pew Research Center, and ...

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 ...