Key Points Claiming Social Security at age 62 reduces your benefit by up to 30%.The average 62-year-old claimer got $1,341.61 ...

As signed, the bill gives an additional $6,000 tax deduction to people aged 65 and older. These deductions come on top of existing tax deductions for Americans over 65 years old — $2,000 if married or ...

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

The Social Security Fairness Act went into effect in Feb 2025 and the SSA has been sending billions in retroactive payments and benefit adjustments to qualifying individuals. The act gets rid of two ...

The tax deduction is not for all Social Security recipients. It would not apply to dependents, deceased workers’ survivors or disabled workers. A tax cut specifically for Social Security recipients ...

The Social Security Administration circulated an imprecise email about the provisions in the new law. Here’s what it actually ...

Unfortunately, the latest Social Security Trustees Report has raised concerns about the program's solvency. This is a serious ...

A minor scheduling irregularity left recipients with two checks in May. While that won't occur in July, it will happen again ...

Social Security and SSI payments are going out on time this July, following the usual schedule set by the Social Security ...

The Social Security trust fund is not a real asset but a paper entry of IOUs that the government must borrow to cover, meaning that the fund’s current surplus is just a mirage and the future ...

Regular Social Security retirement benefits for the month of July will be sent out on the SSA’s usual schedule: Wednesday, July 9: Birth dates between the first and 10th of the month. Wednesday, July ...