New law gives seniors a $6,000 tax break on Social Security, but many still face taxes. Fidelity suggests Roth IRAs, HSAs and delaying benefits to save.

The One Big Beautiful Bill (OBBB) introduces a temporary deduction for Americans over 65, potentially reducing federal taxes ...

A new bill introduced in the U.S. Congress aims to eliminate federal taxes on Social Security benefits for nearly all ...

Despite a bit of confusion earlier this year, Social Security benefits remain a source of taxable income. The percentage you'll pay depends primarily on how much you bring in. While a new deduction ...

Some might be surprised to learn their Social Security benefits are taxable in retirement. After all, you pay Social Security taxes on your wages while you work, and then when you retire, you might ...

Last week, the Social Security Act celebrated its 90th anniversary — a milestone for one of the United States’ most important so-called safety nets. The program has lifted millions of older adults out ...

As Social Security plays such an important role in the financial well-being of America’s seniors, it might make sense that it’s exempt from taxation. And to some degree, Social Security is nontaxable ...

The Committee for a Responsible Federal Budget estimates that Social Security payments will be cut by 24% in late 2032 unless ...

If you're withdrawing money from a retirement fund, monitor how those withdrawals impact your adjusted gross income and tax rate. Even after retirement, it's vital to regularly review and adjust your ...