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The drastic cut would take effect once the Social Security trust fund runs out of money in less than a decade.
Social Security stands as a vital pillar of financial support for millions of American retirees and seniors, providing a crucial safety net in their later years.
A new report examining the effects of President Donald Trump’s “One Big Beautiful Bill Act” (OBBBA) shows that it will cause ...
Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...
Retirees could see major Social Security cuts by 2032, due to tax changes in the "big, beautiful bill," according to the ...
If you owe the government money due to previous overpayments on your Social Security checks, expect to see much smaller ...
Americans are worrying more about Social Security, and the Trump administration may be partly to blame. In an AARP survey ...
Retired workers who have been paid too much will have 50% of their Social Security benefits withheld starting in late July. Beneficiaries who believe a mistake has been made, or else cannot afford to ...
Social Security may run short by 2034. Experts have suggested boosting FICA taxes, raising wage cap and delaying retirement ...
I asked ChatGPT to break down what's actually in President Trump's "One Big Beautiful Bill." Spoiler alert: It's not quite ...
President Donald Trump’s promise to eliminate the tax on Social Security benefits was a key talking point in his 2024 ...
An email from the agency praised the bill, but only some recipients will see savings. Here's what the legislation means for seniors.