From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. Bloomberg / Contributor President Donald Trump ...

President Donald Trump's "big beautiful bill" helps older adults who pay federal taxes on Social Security benefits with the addition of a new temporary senior deduction. Now one senator is proposing a ...

This takes the president’s “big, beautiful bill” a step further. It also makes changes to bolster Social Security’s finances -- but this could be the main obstacle. One Senator believes there's a way ...

Sen. Ruben Gallego (D-Ariz.) has introduced the You Earned It, You Keep It Act, which would eliminate federal taxes on Social Security benefits while extending the payroll tax to incomes above ...

Now that President Donald Trump's landmark 2025 mega tax bill has become law, you may have noticed that a key campaign promise is noticeably absent. During last year’s presidential campaign, Trump ...

Social Security recipients are in for a surprise this October. Millions will receive two SSI payments in one month. But dont ...

Millions of older Americans could soon see a modest tax break on their retirement income under new legislation passed by Congress. The One Big Beautiful Bill Act (OBBBA)—a sweeping Republican-backed ...

Sen. Ruben Gallego has proposed a bill that would eliminate all taxes on Social Security benefits. The bill would also expand the Social Security payroll tax to apply to incomes over $250,000.