Social Security Taxes to Change Under New Bill

Are your Social Security benefits taxable? IRS explains
The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to report them, and what deductions might apply.
Social Security Taxes to Change Under New Bill: Here's Who's Impacted
According to the Social Security Administration (SSA), the estimated average monthly Social Security retirement benefit for January 2025 is $1,976. For many retirees, these Social Security payments are a primary source of income.
Cutting Social Security Tax Could Boost Your Payments, but It May Not Last
New tax policies and investment rules could shake up retirement planning. How to prepare now for potential changes.
How are Social Security benefits impacted when you retire before full retirement age?
Ken and Rick discuss the pros and cons of retiring early and how this can affect social security benefits and taxes.
Social Security Bill Could See End to 'Double Tax' on Recipients
A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social Security benefits.
Sen. Marshall introduces bill to cut Social Security taxation
Kansas Sen. Roger Marshall has introduced a bill that would cut taxes for many individuals who rely on Social Security benefits. Marshall, alongside Marsha Blackburn (R-TN), introduced the Reducing Excessive Taxation and Inefficiencies by Reforming Elder Exemptions to Support Fairness,
A Big Social Security Change Proposed by President Donald Trump May Be Bad News for Retirees
Importantly, Trump is not the only politician to float that idea, nor is support limited to one political party. For instance ...
When will Trump end taxes on tips, OT and Social Security? White House says GOP must put in reconciliation bill
Trump later rolled out plans to abolish federal taxes on overtime and Social Security benefits — along with a variety of other reforms, such as scrapping the $10,000 cap on the amount of state and ...
What is the Social Security Fairness Act? How does it affect my social security benefits?
For his last term in office former President Joe Biden sign a new social security measure to ehance benefits for millions of ...
These Are the 6 Social Security Changes Americans Want to See
Most Americans are in favor of making the wealthy pay more while reducing their benefits. The government could increase the ...
The Treasury's payment system is one of Elon Musk's targets. Here's what it does, from Social Security to tax refunds.
Elon Musk is facing scrutiny over accusations he gained access to sensitive Treasury data, including Social Security and ...
Social Security funding crisis looms as baby boomers retire
Social Security gets the bulk of its funding from payroll taxes. And while that revenue stream is set to continue, in the ...
The Savings Game: Answering questions about the Social Security Fairness Act
Q. I receive a survivor benefit based on my husband’s work under Social Security. I receive a pension from my work as a ...