During his presidential campaign, Trump promised widespread tax cuts -- from no tax on tips or overtime to cutting federal taxes on Social Security benefits. The latter, specifically, could have a direct impact on millions of retirees, with around 40% of those collecting benefits owing taxes on them.

President-elect Donald Trump's plans to protect Social Security benefits could give retirees more money in their pockets, but it could also deplete the program's funds more quickly over the long term.

The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal government’s 3.2% annual cost-of-living adjustment, or COLA. A 3.2% increase in the average Social Security check—about $1,

Tax season is almost here. If you receive Social Security benefits, you'll need your benefit statement to find out if you need to file taxes this year.

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for their marital status.

Social Security benefits in the United States will see a significant increase due to the Cost of Living Adjustment (COLA). This change, driven by inflation, will impact the monthly payments received by beneficiaries,

Here is all you need to know about this month’s Social Security payments, which go out in three rounds. When does the check arrive? Social Security payments typically begin on t

My wife will reach her full Social Security benefit at 66.5 years of age which is just under 2 years away for her now. If she were to begin to get her monthly check now (i.e. early), would that prevent her from being eligible for the spousal benefit to receive half of what I am currently drawing?

The Social Security Administration (SSA) is a cornerstone for over 64 million retirees in the United States, ensuring their financial security. A new Senate proposal to raise the eligibility age has sparked widespread debate.