In 2024, approximately 171 million American workers paid Social Security taxes, and nearly 72.9 million Americans received ...
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.
Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the ...
Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...
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 ...
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 ...
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.
The Cambria County Area Agency on Aging sponsors a free tax preparation program designed to help low income taxpayers, with special attention to people aged 60 and older, disabled individuals and ...
Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a new online tool to help taxpayers check the status of any refund they may be ...