New law gives seniors a $6,000 tax break on Social Security, but many still face taxes. Fidelity suggests Roth IRAs, HSAs and delaying benefits to save.

Despite a bit of confusion earlier this year, Social Security benefits remain a source of taxable income. The percentage you'll pay depends primarily on how much you bring in. While a new deduction ...

Key Takeaways Your Social Security benefits may be taxable—up to 85%—depending on your combined income and filing status.A new deduction for older adults can cut taxes for those 65-plus, but it phases ...

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

For decades, U.S. taxpayers have paid into Social Security with each paycheck, only to discover later that up to 85% of those hard-earned benefits can be taxed in retirement. Many retirees wondered if ...

Last week, the Social Security Act celebrated its 90th anniversary — a milestone for one of the United States’ most important so-called safety nets. The program has lifted millions of older adults out ...