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 ...
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.
There has been a lot of discussion over President Donald Trump's recent daring proposal to outlaw Social Security taxes on ...
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...
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 ...
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.
An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently ...