News

Millions of retired and disabled Americans are set to receive a critical round of Social Security payments on July 3, 2025, ...
The Senior Citizens League, a nonpartisan advocacy group, recently estimated that 21.8 million seniors today get by on Social ...
Yes, compromise is inevitable, but Congress has a singular chance now to reduce the budget deficit through the Big Beautiful ...
As a Certified Financial Planner and CEO, I have spent many years guiding individuals toward smarter retirement decisions.
The average Social Security benefits for retired workers at different ages The Social Security Administration regularly ...
July’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 12 days. The next SSI payments are scheduled to be distributed on July 1. SSI payments are ...
Supplemental Security Income (SSI) provides financial assistance to millions of Americans who are blind, disabled, or over the age of 65 with limited income and resources. But qua ...
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income. Brackets may change. The standard deduction could fall. And ...
If your combined income is under $25,000 (single) or $32,000 (joint filing), there is no tax on your Social Security benefits. For combined income between $25,000 and $34,000 (single) or $32,000 ...
However, federal income taxes on seniors' Social Security benefits play their part as well. Below, we'll look at why and what to do if you expect to owe them in 2025.
There was no tax on Social Security before 1985. If you received $3,000 per month in benefits, you kept all of it in your pocket, and Uncle Sam didn’t take a cut. Today, retirees who have been ...
And, with limited Social Security money, some boomers are forced to enroll in other government assistance programs like SNAP to put food on the table or return to work after retirement.