Illinois offers unique tax advantages on retirement income. Here are the pros and cons of retiring in Illinois.

The first round of March’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the final group of retirees in six days. Here is all you ...

Are you looking to report suspected tax fraud? Here's what you need to know about the process—and how you might even get ...

The Utah legislature has passed a tax cut package, reducing Income tax, social security tax, and expanding child tax credits ...

It starts with cutting staff at the Social Security Administration. That will sow confusion. Then it builds from there.

To calculate your Social Security income, the SSA uses your highest earnings over 35 years, or your average indexed monthly earnings (AIME). If you don’t have 35 years of work history, the SSA will ...

Two bills being considered in the Maryland General Assembly could eliminate taxes on tips for workers in service industries ...

There is no shortage of changes in Social Security each year. As we hit the ground running in the early parts of 2025, here ...

A new proposal could eliminate taxes on tips, overtime, and Social Security, giving service workers more take-home pay.

Depending on the year you were born, your full retirement age for Social Security falls between 66 and 67. At this point, you ...

One other hiccup is Trump's vow to end federal taxes on Social Security benefits. In addition to payroll taxes, income taxes on benefits are a major source of revenue for the program. If the Trump ...

Retirement planning involves more than simply building up savings—it requires smart tax planning in order to keep more of ...