This is my backup plan in case Social Security cuts benefits
Once its trust funds are emptied, Social Security may have to cut benefits. The Social Security Trustees say it could happen as early as 2035.
41 States That Don't Tax Social Security Benefits
Unfortunately, 41 states and Washington, D.C. not taxing Social Security means there are nine states that do: There's no way to predict if and for how long these states will continue to tax Social Security, but there is legislation in motion to do away with or noticeably reduce them in a couple of states.
How to Get Your Social Security Benefit Statement for Taxes
It’s that time of year again: time to gather the documents you need for filing your federal income taxes if you haven’t already. If you receive Social Security benefits, you’ll need a copy of your latest annual Social Security Benefit Statement,
Social Security's max $5,108 benefit is hard to get. Here's what to focus on instead.
In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the program's maximum benefit at full retirement age this year. Those looking at $5,108 a month in Social Security need to delay their claims until the age of 70 to lock in payments that high.
How to Apply for Social Security Retirement Benefits
Whether you're ready to apply or looking to learn more about applying for Social Security, we'll fill you in on the details.
Asking Yourself ‘Now What?’ After Seeing The Social Security Fairness Act?
The Social Security Agency at this point does not have a specific timeframe as to when benefits will be adjusted.
Donald Trump Gets Bad News About His Social Security Taxes Plan
President Trump's plan to cut Social Security taxes has raised concerns over its potential financial impact on the Social ...
Kiplinger13d
How To Save Social Security — Pay More Taxes? Cut Benefits?
As it stands, about 85 cents of every Social Security tax dollar a worker pays goes to ... Check out these proactive strategies to help mitigate some of the impacts. Scammers are getting ...
AARP Offers Free Tax Help for Seniors — Here’s What To Know
Income taxes don't end just because you've reached your senior years. In some cases, federal tax returns for seniors are ...
Yahoo Finance22d
Trump Wants To Eliminate Social Security Taxes: Here’s How Much the Average Retiree Would Save
It turns out that what appears to be a proposal to help the most vulnerable ... “About 40% of people who get Social Security must pay federal income taxes on their benefits.” ...
AARP1dOpinion
New Administration Tells AARP Social Security Payments Are Protected
Help Register Login Login Hi, %{firstName}% Hi, %{firstName}% Games Car rental As the new administration works to quickly ...
CNET12d
Cutting Social Security Tax Could Boost Your Payments, but It May Not Last
Trump has pledged additional tax cuts, including an end to taxes on tips and Social Security benefits. Social Security has been paying out more than it collects through payroll taxes ...
MLive4h
Bad news for Social Security recipients in latest 2026 COLA projection
The actual cost-of-living-adjustment won't be announced until October, but early predictions say the increase will be a ...
Why benefit increases prompted by the Social Security Fairness Act may be difficult to implement
A new law will provide Social Security benefit increases for more than 3.2 million individuals. Yet it may take more than a ...