Trump offered few details at the time, but later made similar pledges to eliminate taxes on other forms of income, including ...

President Trump's "One Big, Beautiful Bill" faces opposition from within his party as lawmakers debate work requirements for Medicaid and food stamps, tax cuts, and spending reductions.

House Republicans have reconvened for a potential all-night session on their multitrillion-dollar tax breaks package.

A proposed $4,000 tax break for seniors falls short of Trump's promise to eliminate Social Security taxes, sparking criticism ...

After returning to the White House, Donald Trump has reiterated his promise to eliminate taxes on Social Security benefits.

The answer turns on the basic economics underlying both systems. Social Security is self-funded, mainly by a dedicated payroll tax. Today, the Social Security tax is 12.4 percent of gross wages from ...

The Allworth Advice is not to panic. Your father's debts are not your debts. We would also recommend making sure his estate's ...

President Trump promised several tax cuts on the campaign trail, and one of them was the elimination of federal income taxes on Social Security benefits. However, the president's ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ...

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.