I plan to keep working for another five years or so. I am turning 67 next month. It was suggested that I start collecting ...

Trump later rolled out plans to abolish federal taxes on overtime and Social Security benefits — along with a variety of other reforms, such as scrapping the $10,000 cap on the amount of state and ...

President Donald Trump has only been in office a few days, but he hit the ground running. He's already made good on some of ...

A 2.5% Social Security cost-of-living adjustment is the lowest increase to benefits since 2021. To increase those checks, ...

If your combined is more than that amount, but less than $34,000, you'll owe taxes on up to 50% of your Social Security income. Over $34,000, taxes could apply to 85% your benefits.

How you approach taxes in your golden years and in the years before retirement can dramatically impact how much you pay.

This past summer, President Donald Trump declared on Truth Social, “SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” That might sound like a blessing for retirees on fixed incomes — who ...

President Donald Trump has recently proposed a bold plan to ban taxes on Social Security benefits, a move that has sparked significant debate. While the idea may sound appealing to retirees who rely ...

MONTPELIER, VT- Vermont legislators are calling for support on a bill (H.74) that would gradually end state taxes on social ...

Learn how to create a personalized drawdown strategy that maximizes your retirement income while minimizing your tax burden.

About When to Claim Social Security and Taxation of Benefits . Dear Rusty: I am 65 and currently working full-time. Can I ...

Retired people who get monthly Social Security payments may owe income tax on a portion of the benefits depending on their income and filing status. The amount of benefits exposed to taxes is ...