Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

Social Security plays a critical role in the retirement plans of millions of Americans, but how these benefits are taxed is ...

A major change may be on the horizon for millions of Americans who rely on Social Security benefits. The federal government ...

Social Security is a vital source of income for many retired Americans. But, not every recipient relies heavily on benefits. Here's what you need to know.

Taxpayers aged 65 and older may be able to benefit from a $6,000 'senior bonus' deduction over the next four tax years. Here ...

A key feature of this bill is what’s being called the senior bonus, or senior deduction. Beginning in 2025 and running through 2028, taxpayers aged 65 or older can take an additional “bonus” deduction ...