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Government staffing cuts aren’t a good reason to claim early. What to know so you don’t shortchange your retirement.
If you receive Social Security benefits, you probably know about the SSA-1099 or SSA-1042S tax form. Each January, the Social ...
The “One Big Beautiful Bill,” a legislative package of tax and policy changes recently passed by the House of Representatives, has fueled renewed debate over the taxing of Social Security benefits.
Social Security recipients can't file their taxes without this form. Here's how to get a copy of yours.
This deduction would likely benefit people who earn modest incomes. The lowest-earning seniors already pay no federal income ...
House Republicans’ sweeping budget bill does not eliminate taxes on Social Security benefits — a signature piece of President Donald Trump’s platform — but officials say an enhanced standard deduction ...
Social Security and IRS payments will soon be electronic only as the government decides to eliminate paper checks. How is Ohio affected? What to know.
The answer turns on the basic economics underlying both systems. Social Security is self-funded, mainly by a dedicated payroll tax. Today, the Social Security tax is 12.4 percent of gross wages from ...