Starting with the 2025 tax year, Colorado residents 55 and older who collect Social Security are eligible to exclude the ...

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 ...

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 ...

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 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 ...

An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.

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 ...

As of January 2025, the average monthly Social Security benefit was $1,976. That amounts to a little less than $24,000 a year ...

About When to Claim Social Security and Taxation of Benefits . Dear Rusty: I am 65 and currently working full-time. Can I ...

The idea of paying taxes now in exchange for the prospect of lower taxes decades in the future struck me as preposterous.