The new bonus deduction is available for taxpayers aged 65 or older that itemize their deductions. Single filers will receive $6,000 and for married-filing-jointly couples, $12,000 if both spouses are ...

The Social Security Administration lied about the GOP budget bill in a message to beneficiaries. Can we trust anything it ...

Trump's new tax law, known as the "One, Big, Beautiful Bill," brings significant changes for Americans, especially older adults. While it offers tax breaks that could save retirees thousands, it also ...

The Social Security Administration was in error and possibly illegal in an email generally sent to senior citizens on July 3. The email invoked the SSA’s name in offering partisan opinion, spin and de ...

Many Americans received an email from the Social Security Administration applauding the megabill's passage. Experts say it ...

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

New $6,000 senior deduction cuts Social Security taxes for 88% of seniors, but speeds trust fund insolvency. SSA’s claims ...

If I’m able to generate some extra money at the end of the year because of the tax cuts, I can choose how to use that increase.

If Trump deports at least 10% of undocumented immigrants a year, Social Security funds are expected to be depleted six months ...

According to Gay, the law adds a $6,000 tax deduction for anyone 65 or older, regardless of whether they receive Social Security benefits. That's a key difference from the messaging around the bill.