The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips entirely.

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

The 50% withholding of overpaid benefits is expected to begin with Social Security payments made on or around July 24, 2025.

A: No. The U.S. Department of Veterans Affairs changed the wording in its bylaws to comply with recent executive orders. In making the changes, words including “national origin, politics, marital ...

The Social Security Administration, which overpays billions in benefits annually, will start withholding some benefits sent ...

Since the Social Security taxable wage base limit is $132,900, and the Social Security tax rate is 6.2 percent, the amount that is shown in this box should not exceed $8,239.80.

Regular payments will continue on their standard schedule throughout July 2025. However, recipients who received overpayment ...

Some 69.4 million people — about 1 in 5 U.S. residents — received a payment from the program in April 2025. Most of them are retired older adults, many reliant on their earned benefits to put food on ...

A growing number of Social Security beneficiaries in the U.S. are facing unexpected reductions in their monthly payments.

Summer arrives and the United States Social Security Administration (SSA) issues a key notice for those working during the warmer months. If you plan to earn extra money, pay attention, this message ...

Proposals like Congressman John Larson’s Social Security 2100 Act would apply payroll taxes to wages above $400,000, creating what’s known as a “donut hole.” ...

The U.S. tax code is not set in stone, and neither are Social Security’s rules. The current wage cap that’s in place could be eliminated in the future to pump more money into Social Security.