Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

Sandy McConnell, 80, works as a full-time accounts receivable specialist, earning about $50,000 a year. She has $37 in ...

Therefore, your spousal benefit depends on a few factors, including how much your spouse's full Social Security retirement benefit will be and your age when you apply for benefits. According to the ...

This week, payments are set to be made to those receiving retirement, survivor and spousal benefits as well as disability ...

Many retirees are caught off guard by the taxation of their Social Security benefits. This article delves into the IRS ...

Unfortunately, just like any other type of earned income, Social Security benefits for retirees are subject to federal income taxes. Keep reading as we set the record straight with these 11 crucial ...

The Social Security Administration faces a funding crisis. Trustees say the projected shortfall in retirement benefits has risen to $25.1 trillion through 2099, up from $22.6 trillion a year ago.

Social Security faces a shortfall because the program spends more than it takes in. In 2024, the OASI Trust Fund cost $1,327 billion to administer, but income totaled only $1,224 billion, a ...

Social Security faces a shortfall because the program spends more than it takes in. In 2024, the OASI Trust Fund cost $1,327 billion to administer, but income totaled only $1,224 billion, a ...

Social Security faces a shortfall because the program spends more than it takes in. In 2024, the OASI Trust Fund cost $1,327 billion to administer, but income totaled only $1,224 billion, a ...