Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. It seems like every few years questions about Social Security’s longevity resurface, ...
I can tell it’s time for me to once again explain to people that SSI and Social Security are two entirely different programs. Every single day, I get emails from readers who say something like this: ...
Some states with benefit taxes have exemptions for low- to middle-income seniors. Consult with an accountant if you're unsure how Social Security benefit taxes could affect you. Living in one of these ...
Social Security trust funds are running out of money, and the insolvency date is racing closer, in part due to President Donald Trump’s 2025 tax legislation. An analysis from the Office of the Chief ...
In his August 19 letter, Randy Kornfield wishes that Social Security funding via FICA insurance premiums had no cap and applied to unearned income. But the reason for the status quo is simple: Social ...
Aliss Higham is a Newsweek reporter based in Glasgow, Scotland. Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U.S.
A Democratic senator has taken up legislation that would permanently eliminate federal income taxes on Social Security benefits while raising payroll taxes on wealthy Americans to shore up the program ...
Some states with benefit taxes have exemptions for low- to middle-income seniors. Consult with an accountant if you're unsure how Social Security benefit taxes could affect you. It takes more than ...
On July 3, 2025, the day before passage of the federal law OBBB, an acronym recognized now by many Americans, the US Social Security Administration proudly announced the anticipated new law’s passage ...
Lawmakers introduced two pieces of legislation in Congress this week to eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance for one year, addressing ...
Despite presidential proclamations, Social Security’s financial outlook is more troubled than ever. A new report from the Committee for a Responsible Federal Budget (CRFB) warns that as Social ...
An executive order from President Trump will completely alter how benefits are paid to more than 500,000 beneficiaries. Five additional Social Security changes are expected when the calendar turns to ...
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