Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the ...
An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.
Starting with the 2025 tax year, Colorado residents 55 and older who collect Social Security are eligible to exclude the ...
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
If you and your spouse have a nice amount of money saved up, then you may decide that you'll each claim Social Security as soon as you're able to — meaning, at age 62. And if you're the same age, that ...
The time of year when you retire can significantly impact your taxes. Say you decide to retire on July 1. For the first six months of the year, your income will come from your job. From July on, you ...
As of January 2025, the average monthly Social Security benefit was $1,976. That amounts to a little less than $24,000 a year ...
Although millions of older Americans rely on Social Security to make ends meet, the program is filled with gaps and flaws that make it far from perfect. And one major issue it’s facing now is the ...
LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the previous year.
The tax credit for children and dependents can help filers reduce their tax burden or fatten their refund. What you need to know for the 2025 tax season.