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 Social Security Administration said the bill ensures most Social Security beneficiaries will no longer pay federal income ...

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

An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...

An email from the agency praised the bill, but only some recipients will see savings. Here's what the legislation means for ...

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 first significant rift within MAGA under Trump 2.0 emerged with the passage of the Big Beautiful Bill, which extended the ...

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 ...

The Social Security Administration sent a misleading email to benefit recipients and other Americans last week about the ...

As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they have been ignoring the mastodon in the room: Social Security and ...

President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a provision to help offset those levies.