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Social Security, federal income taxes

Star Tribune · 1h

Social Security letter on taxes sends confusing message, some experts say

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.

CBS News on MSN · 20h

Does the "big, beautiful bill" eliminate taxes on Social Security?

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.

NBC New York · 15h

Social Security Administration sends misleading email lauding Trump's new tax cuts law

The emails say nearly 9 in 10 Social Security beneficiaries won’t pay income taxes on their benefits in the future. But the Trump tax law did not directly address Social Security.

Over 1 million face Social Security garnishment this Jul.

Newsweek on MSN · 13h

Some Social Security Recipients Will See Wage Garnishment in Just Weeks

Roughly 2 million Americans owed money to the Social Security Administration due to overpayments in 2023, according to KFF and Cox Media group. Starting July 24, the higher wage garnishments will go into effect until the full overpayment has been resolved.

The Motley Fool on MSN · 1d

Social Security Garnishment Begins on July 24 for More Than 1,000,000 Beneficiaries -- Here's How You Can Legally Avoid It

President Trump has overseen a flurry of Social Security changes in his first five months in office. In less than three weeks, a 50% clawback rate on Social Security overpayments -- up from just 10% during Joe Biden's presidency -- will officially kick in.

Social Security July 2025: Your Money's on the Way This Week

The second round of Social Security payments for the month of July are headed out. Here's when you can expect your check.

7h

Latest 2026 COLA estimate: What a 2.5% Social Security raise could mean for you

The official COLA won't be announced by the Social Security Administration until October, but it's worth paying attention to ...

1hon MSN

‘Today is my 61st birthday’: I have my ex-spouse’s Social Security benefits. Should I retire at 65 and travel?

If you can keep working while looking after your health, do it. You get 100% of your Social Security benefit at full ...

8hon MSN

Social Security: There's a Silver Lining in the Otherwise Bleak Projection for 2026's COLA

Based on the inflation data we have for the year so far, the nonpartisan Senior Citizens League, an advocacy group, is ...

1d

Some Americans will see their Social Security checks drop by 50%

Some Americans will see their Social Security checks drop by 50% after the Social Security Administration announced in April ...

23h

Social Security spousal benefits: What married couples need to know in 2025

One of the most important parts of the program, especially for married couples, is Social Security spousal benefits.

1don MSN

Who Might Be Hurt by Social Security Privatization?

Unmanageable medical expenses is the No. 1 reason people file for bankruptcy in the U.S. Those who face serious health ...

Money Talks News on MSN1d

Social Security Trust Fund Running Out in 8 Years - Here’s What Will Happen

Federal reports reveal Social Security and Medicare trust funds will run dry by 2033, threatening millions of retirees.

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