The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

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.

Financial institutions close accounts for inactivity even when earning interest, sending funds to states through escheatment processes that affect savers.

Your tax return could look pretty different this year.

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify ...

Financial advice resonates differently when it comes from someone who has already lived through recessions, bubbles, layoffs, and prolonged periods where nothing went according to plan. A senior who ...

A new, temporary 'senior bonus' will enable many taxpayers age 65 and older to deduct up to $6,000 in income from their federal returns. You must file a new Schedule 1-A. The new enhanced deduction ...

Four in 10 older Americans said they "unretired" to afford everyday living expenses, according to a new AARP survey shared ...