The final round of June’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, ...

July’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in six days. The next ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

If you make above a certain income, expect to pay more for Medicare, due to the IRMAA, unless you take steps to lower your ...

The president and his allies claim they want to target “waste, fraud and abuse.” Such targets either don’t add up or don’t exist at all.

Social Security privatization refers to a proposal that shifts the current government-run system to one where a portion of ...

Reports show fewer New York seniors have stable retirement income. A Center for an Urban Future report found almost half of ...

Social Security is a pay as you go program, where all money collected from workers is used to pay benefits for all those who are currently receiving Social Security.

If you've been paying attention, you'll have noticed that while President Donald Trump's administration has not canceled ...

Social Security is funded through a dedicated payroll tax, meaning that employers and employees each pay 6.2% of wages up to the taxable maximum for the given year. For 2025, the maximum is $176,100.

When to claim Social Security is a hard decision for many retired workers. Eligibility starts at age 62, but there is a trade ...

Let’s start with the obvious, now and in the future Social Security payments aren’t remotely imperiled. It’s said here over ...