Social Security is a crucial source of income for many seniors, so understanding the details of how these benefits work is ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

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 editing ...

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, ...

When determining your income taxes in retirement and on your Social Security benefits, the IRS uses your “combined income” and filing status as the two main markers. At $36,000 a year from Social ...

There's nothing more important for Social Security beneficiaries than knowing how much they'll receive each month. Social Security's 2026 COLA estimates are narrowing, and it points to a fifth ...

(NEXSTAR) — Fall is an important time of year for those who receive federal benefits, largely because Social Security’s cost-of-living increases are typically announced in October. Before that, ...

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 editing ...

Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...

Since the first benefit check was mailed in January 1940, Social Security has been providing a financial foundation for the American public. Though it was initially conceived as a ...

Democrats are once again targeting wealthy Americans as a way to shore up Social Security, with new legislation that would gradually eliminate the payroll tax cap and revamp cost-of-living adjustments ...

The Committee for a Responsible Federal Budget estimates that Social Security payments will be reduced by 24% in 2032 unless the current system is reformed. A 24% reduction in benefits could result in ...