Social Security Taxes to Change Under New Bill

Social Security Taxes to Change Under New Bill: Here's Who's Impacted
According to the Social Security Administration (SSA), the estimated average monthly Social Security retirement benefit for January 2025 is $1,976. For many retirees, these Social Security payments are a primary source of income.
Social Security Got a Shake-Up in 2025, and 3 Changes May Surprise Retirees
The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and wages. The latest round of revisions took effect in January, and a recent survey published by Nationwide Retirement Institute suggests some of the changes will surprise many Americans.
What is the Social Security Fairness Act? How does it affect my social security benefits?
For his last term in office former President Joe Biden sign a new social security measure to ehance benefits for millions of Americans.
Sen. Marshall introduces bill to cut Social Security taxation
Kansas Sen. Roger Marshall has introduced a bill that would cut taxes for many individuals who rely on Social Security benefits. Marshall, alongside Marsha Blackburn (R-TN), introduced the Reducing Excessive Taxation and Inefficiencies by Reforming Elder Exemptions to Support Fairness,
3 Social Security Changes Retirees Need to Know About in 2025
The cost-of-living adjustment (COLA) for 2025 is indeed a most notable change in Social Security for 2025, but it's not an Earth-shattering one. The COLA, effective in December 2024, is just 2.5%. So if you were collecting, say, $2,000 per month, you'd now be getting $2,050.
Taking Social Security at 62 Was a Terrible Idea, but Things Have Changed
If you have passive income sources like dividends, interest, or rental income, which do not count against earnings restrictions, then deferring Social Security benefits raises monthly payments may be beneficial even if taking it at 62.
DOGE follows longtime Musk pattern — and turns attention to Social Security Administration
Led by Musk and a group of young engineers, DOGE is migrating around the government in search of cuts with an intensity that ...
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Your Social Security Number May Already Be Exposed. And It Has Nothing to Do With DOGE
Elon Musk's DOGE was previously granted access to the US Treasury Department's payment systems, drawing the ire of many ...
Viral PSA Explains Why You Should Print Your Social Security Statement ASAP
You can view and print your statement by logging into your Social Security account: Go to the Social Security Administration ...
Social Security Administration Stops Issuing Sex Marker Changes After Trump Order
The Social Security Administration sent out an “emergency message” on Friday that will stop allowing people to change their ...
Social Security Fairness Act Checklist: Six Things to Know
This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including how much ...
Social Security March direct payment worth $967 goes out in 23 days
The next Supplemental Security Income payments are scheduled to be distributed on Feb. 28 because March 1 falls on a weekend.
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Senators demand quick implementation of Social Security Fairness Act for police, teachers
Louisiana Senator Bill Cassidy is among a bipartisan group of 27 colleagues demanding immediate Social Security Fairness Act ...
How US immigrants working illegally help fund programs they can't access, like Social Security and Medicare
Immigrants are vital to US tax revenue amid a declining birth rate and rising number of retirees.