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According to Gay, the law adds a $6,000 tax deduction for anyone 65 or older, regardless of whether they receive Social Security benefits. That's a key difference from the messaging around the bill.
If Trump deports at least 10% of undocumented immigrants a year, Social Security funds are expected to be depleted six months earlier.
Social Security checks are smaller for many Americans this month. Here's why payments were reduced, who is affected, and how ...
If I’m able to generate some extra money at the end of the year because of the tax cuts, I can choose how to use that increase.
New $6,000 senior deduction cuts Social Security taxes for 88% of seniors, but speeds trust fund insolvency. SSA’s claims ...
The same approach could work again: thoughtful, phased reforms that maintain the program’s core protections. Ideas on the ...
You’re not prohibited from working if you collect Social Security retirement benefits, but these rules can apply depending on ...
Financial adviser Devin Carroll got right to work over the Fourth of July weekend assessing his clients' tax obligations after the Republican megabill was signed. The professional software he uses to ...
Pairing an annuity and Social Security can have a big, and perhaps surprising, impact on your retirement plan.
Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...
The "One Big, Beautiful Bill" is a historic win for American families, workers, seniors, small businesses and servicemembers, ...
President Donald Trump falsely claims the ‘biggest tax cuts ever’ while Democrats add in the impact of a Biden-era policy.
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