News

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.
A new bill would tax income over $400K to help fix Social Security’s funding gap and avoid 17% benefit cuts by 2035.
Despite promises to eliminate taxes on Social Security, benefits remain taxable in 2025 due to legislative and budget ...
Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...
First, let's talk about raising or doing away with the wage cap. Higher earners commonly get out of paying Social Security ...
Sen. Ruben Gallego has thrown his support behind legislation that would extend Medicare and Social Security funding for 75 ...
President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.
To see if they'll apply to you, you have to calculate your combined income, which is the total of your adjusted gross income, ...
President Donald Trump wants to end the federal tax on Social Security. Congressional tax writers will begin considering the ...
A new top income tax bracket of 39.6 percent for those earning more than $2.5 million is reportedly on the president's mind.
The Social Security Board of Trustees expects the program to become insolvent in the next decade, which would result in a ...
A program like Social Security is apt to undergo changes from year to year. And 2025 has been no exception. At the start of ...