social security - Search News

News

Social Security, federal income taxes

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 · 19h

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 · 14h

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 · 11h

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.

CNET on MSN · 5h

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.

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.

6hon MSN

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

Key Points Initial estimates for 2026's Social Security cost-of-living adjustment (COLA) are not looking favorable.There are ...

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 ...

6hon MSN

Philadelphia woman’s life turned upside down after Social Security deems her dead — and she’s not the only one

R enee Williams was very much alive and living in West Philadelphia when she discovered a serious problem. Her bank accounts, ...

6hon MSN

A Growing Number of Seniors Are Claiming Social Security at This Popular Age. Should You Join Them?

That's a steep cut, but many seniors will be better of waiting until age 70 to claim their benefits. That's because the ...

22h

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.

Explícame on MSN16h

List of all Social Security and SNAP changes in 2025

As we step into 2025, staying informed about updates in crucial programs like Social Security and the Supplemental Nutrition ...

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 ...

Hosted on MSN1d

9 Social Security Terms Every Retiree Must Know

Maximize your Social Security benefits by understanding these crucial terms and concepts before you retire. Map shows ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results

News

Social Security, federal income taxes

Over 1 million face Social Security garnishment this Jul.

Related topics