Each year, the Social Security Administration (SSA) makes crucial adjustments impacting millions of workers' finances, and 2025 is no exception. One significant change is the taxable wage base limit for Social Security tax,

WASHINGTON (AP) — President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not. At best, Trump’s “no tax on Social Security” claim exaggerates the benefits to seniors if either the House or Senate-passed proposals is signed into law.

The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.