The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

Retirement should bring peace of mind, not confusion. Yet as we move deeper into 2026, countless Americans collecting Social ...

Do You Need to Pay Taxes on Social Security? Maybe. Here's How to Figure It Out ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

Taxpayers aged 65 and older are eligible for a $6000 deduction. Here's all on eligibility and how the deductions work with ...

The One Big Beautiful Bill Act introduces a $6,000 deduction for seniors from 2025 to 2028, potentially reducing how much of their Social Security benefits are taxed.

The thresholds at which Social Security benefits are taxed aren't indexed to inflation. A growing number of retirees are taxed on these benefits. In 2026, some retirees will owe taxes on their Social ...

Most states don’t tax Social Security, but rules vary in the 8 that do. Get up-to-date exemptions, thresholds and new ...

Yes, the federal government will take a cut of Social Security, which can include monthly retirement, survivor and disability benefits, if total income exceeds certain amounts. But recipients also ...