Social Security payments usually begin on the second Wednesday of every month, and the following waves go out on a weekly basis.

Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.

Key Points Social Security is at risk of having to cut benefits in less than a decade. There's a good chance lawmakers will ...

While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This ...

This list of states that tax Social Security benefits has been shrinking. As of 2016, for example, 13 states taxed Social Security.

The bill may have tax sweeteners, but it will also limit healthcare affordability and access to long-term care.

President Trump’s One Big Beautiful Bill delivers the largest tax cuts in decades. But the benefits aren’t evenly distributed ...

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

A man in Ohio received contradicting letters from the Social Security Administration, one saying he is getting a lump sum ...

The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

A recent report finds that Social Security covers only about 30% of retirees’ expenses on average in the largest U.S. cities.