The SSA’s July 3 email announced that the One Big Beautiful Bill Act (signed into law by President Donald Trump on July 4) would essentially eliminate federal income taxes on Social Security benefits ...

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

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

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 ...

Benefit recipients could find their payments up to 50% lighter from July onwards as concerns around social security funds ...

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.