How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Early estimates point to a 2.5% COLA for January 2026, matching this year's modest bump. If confirmed in October, after the ...

Make no mistake, the extra $4,000 deduction for seniors is far short of Trump's sweeping promise to eliminate taxes on Social Security. It's also not as big of a ding on federal revenues.

As retirement pressures mount across the U.S., Social Security remains one of the most critical issues facing lawmakers. With inflation tightening budgets for millions of seniors a ...

This deduction would likely benefit people who earn modest incomes. The lowest-earning seniors already pay no federal income ...

Where seniors could face the longest driving times to Social Security offices According to the CBPP study, in 31 states, more than 25% of seniors will face travel times of over one hour to get to ...

Make no mistake, the extra $4,000 deduction for seniors is far short of Trump's sweeping promise to eliminate taxes on Social Security. It's also not as big of a ding on federal revenues.

Make no mistake, the extra $4,000 deduction for seniors is far short of Trump's sweeping promise to eliminate taxes on Social Security. It's also not as big of a ding on federal revenues.

Make no mistake, the extra $4,000 deduction for seniors is far short of Trump's sweeping promise to eliminate taxes on Social Security. It's also not as big of a ding on federal revenues.

Make no mistake, the extra $4,000 deduction for seniors is far short of Trump's sweeping promise to eliminate taxes on Social Security. It's also not as big of a ding on federal revenues.

Make no mistake, the extra $4,000 deduction for seniors is far short of Trump's sweeping promise to eliminate taxes on Social Security. It's also not as big of a ding on federal revenues.