House Republicans have unveiled planned medicaid cuts. Children rely more on Medicaid and CHIP, Older Americans get more from ...

The Trump administration paused its plan to garnish Social Security benefits for defaulted federal student loans. In another ...

One tax break that isn't in the bill: Mr. Trump's suggestion last year that seniors shouldn't have to pay income taxes on Social Security benefits. "Seniors should not pay taxes on Social Security ...

Currently, up to 85 percent of Social Security benefits can be subject to federal income tax, depending on total income. Some 40 percent of benefit recipients currently pay federal income taxes on ...

Under current law, workers and employers each pay 6.2 percent into Social Security on income up to the cap, while all wages are subject to a 2.9 percent Medicare tax. The new legislation would ...

The House passed the Big Beautiful Bill Act, a tax plan backed by President Trump. Despite campaign promises, the bill does not eliminate taxes on Social Security benefits. It does include a ...

The income tax on Social Security benefits should not be repealed. In fact, it should remain. In 1984, the tax was introduced in an effort to fix the program’s finances. Currently, about 27 ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held ...

One tax break that isn't in the bill: Mr. Trump's suggestion last year that seniors shouldn't have to pay income taxes on Social Security benefits. "Seniors should not pay taxes on Social Security ...

“Seniors, like my aunt who had to take a job as a door greeter at Walmart to supplement her Social Security income after the loss of her husband, will receive much needed tax relief,” he sai ...

Your state may tax Social Security, for example, but it might not tax income or property. Conversely, you may be happy to pay no property taxes in your state, but your state income tax rate may be ...