The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

Another suggestion was to remove or raise the taxable wage cap. ChatGPT noted that only the first $176,100 of wages is subject to Social Security tax in 2025. Taxing income above that cap could close ...

Older people who provided childcare during the school holidays this summer for youngsters under the age of 12 may be able to ...

Pensioners could see a boost of more than £550 to their state pension payments next April, fresh analysis reveals.

It seemed too soon for Liz Greetham and her husband, Chris, to be packing up their five-storey Chelsea townhouse and ...

Actress Celia Imrie is a star of both TV and film, with projects like The Best Exotic Marigold Hotel, Bridget Jones’ Diary, ...

When you get a windfall, you have to balance your future needs against your current plans. Got a question about investing, how it fits into your overall financial plan and what strategies can help you ...

The Social Security Act was signed into law in August 1935 by President Franklin D. Roosevelt and has been a cornerstone of ...

Federal employees older than 70 may be leaving thousands on the table. Find out if you or your spouse are missing Social ...

However, it is important to note that this income increase doesn't occur automatically - there are steps you need to take.

Two new surveys reveal broad misconceptions about how the program works. Take our poll on how the Social Security system ...