As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

The cost-of-living adjustment for Social Security benefits is expected to be 2.7% in 2026, analysts said on Tuesday — but ...

Find out when the major money-related provisions of One Big Beautiful Bill take effect, including Medicare, Social Security, ...

Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.

The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.

Of course, Congress can act to block the Medicare cuts, something it has done in the past. But radical Freedom Caucus ...

Here's how wealthy retirees can plan for the changes in the new tax legislation, including what it means for tax rates, the ...

Many Americans received an email from the Social Security Administration applauding the megabill's passage. Experts say it ...

While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This ...

Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...

One of the hallmarks that set the Social Security Administration apart from other government programs was its sedulous avoidance of anything resembling partisan politics. That was a key to its ...

NORTH CAROLINA, USA — President Donald Trump’s recently signed “Big Beautiful Bill” includes significant tax changes aimed at benefiting seniors, particularly those receiving Social Security. A recent ...