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

If you’re 65 or older, you can benefit from some generous provisions of the tax code. In addition to a larger standard deduction, seniors now qualify for a new bonus deduction that applies from 2025 ...

Millions of retirees are watching Washington closely as a new proposal promises to temporarily boost Social Security checks by roughly $200 a month, a meaningful cushion for households squeezed by ...

The government proposed boosting payments to Medicare Advantage plans by 0.09% in 2027, below what they and their investors expected. What would it mean for enrollees?

Both products are worth exploring for seniors this year. Here's how to determine which could be best for you now.