Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.

Contoversial changes at the Social Security Administration ramped up worries from Yahoo FInance readers. Here are some of ...

Despite promises to eliminate taxes on Social Security, benefits remain taxable in 2025 due to legislative and budget ...

A new bill would tax income over $400K to help fix Social Security’s funding gap and avoid 17% benefit cuts by 2035.

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.

The Social Security Fairness Act is intended to provide more benefits for certain workers, but it could cost them through ...

Social Security payouts adjust each year to reflect changes in average wages and inflation, and 2025 is no exception. Workers paying into the system will see the maximum taxable earnings rise from ...

And when that happens, the Social Security Administration will recalculate your benefit and start paying you a bigger check. The impact can be significant for anyone, even high earners.

Experts say: Don’t bank your whole plan on potential tax savings. “Planning for a potentially higher Social Security benefit due to lower taxes has far more downside than upside,” says TJ Binkowski, ...

to offset the cost of eliminating taxes on overtime pay, tipped wages, and retirees’ Social Security. The sources stressed the discussions were only preliminary, and the plan is one of many ...