The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.
It's going to be difficult to avoid benefit cuts for at least some people.
The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.
Here's when Social Security and SSI checks arrive for February, how much benefits have risen and what new tax and repayment ...
Several Social Security and Medicare changes in 2026 are reducing how far retirement income goes. Learn which updates are ...
Social Security payments for February follow a normal schedule. These checks are the second to reflect a 2.8% cost-of-living ...
At full retirement age, which is 67 for anyone born in 1960 or later, you're entitled to your complete monthly Social ...
Here's what to know about your February Social Security payments.