As of fiscal 2024, the U.S. pays 2.72 cents to make each penny, according to the Mint. The counterargument used to be that a ...

Five strategies to minimize your tax burden on Social Security income and keep more money in your pocket during retirement.

For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

The Social Security Fairness Act repealed the WEP and GPO, and are effective for all benefits after December 2023, so not ...

Voters are clear in how they want Congress to shore up the massively popular program’s deteriorating finances, but lawmakers ...

Importantly, Trump is not the only politician to float that idea, nor is support limited to one political party. For instance ...

The answer is clear as day that Congress didn't steal from Social Security's trust funds. If you want to know what's really ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

Since the signing of the Social Security Fairness Act early last month by then-President Joe Biden, there have been so many publicized inaccuracies and omissions about it, and confusion from ...

A federal judge has blocked Elon Musk's Department of Government Efficiency from accessing Treasury Department records that ...

Social Security gets the bulk of its funding from payroll taxes. And while that revenue stream is set to continue, in the ...