Since average earnings tend to rise over time, you'd expect to see younger workers -- those with higher average monthly ...

House Speaker Mike Johnson faces a significant challenge in balancing President Trump’s ambitious tax cut proposals with ...

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, ...

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

President Trump while on the campaign trail proposed eliminating taxes on Social Security benefits. "Seniors should not pay ...

It’s a critical day in President Donald Trump ’s drive to thin out the federal workforce.

For retirees who claim benefits at Full Retirement Age—currently set at 67—the maximum monthly payment is $4,018. If you choose to start benefits at the earliest eligible age of 62, the maximum amount ...

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 ...