Great news! 41 states + D.C. won't tax your Social Security. Check the full list & remember federal, sales, and property taxes still matter.
Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. retirees, especially around what some are calling “tax-free Social Security.” ...
Don't get a surprise tax bill in retirement. Learn which 9 states still tax Social Security benefits and how federal rules could impact your income.
In addition to nixing federal taxes on benefits, the proposal would raise the Social Security payroll tax cap to include annual earnings over $250,000. Money; Getty Images Sen. Ruben Gallego, D-Ariz., ...
Close to 74 million Americans receive Social Security benefits. Nearly two-thirds (63%) say their checks account for at least half of their personal income, according to the Pew Research Center, and ...
This takes the president’s “big, beautiful bill” a step further. It also makes changes to bolster Social Security’s finances -- but this could be the main obstacle. President Trump campaigned on ...
Last week, the Social Security Act celebrated its 90th anniversary — a milestone for one of the United States’ most important so-called safety nets. The program has lifted millions of older adults out ...
When their working days eventually come to an end, many retirees will think about the best place to spend their golden years. Not all states treat retirement income – such as pension payouts or ...
The Social Security Administration (SSA) just announced two key updates for 2026: the new cost-of-living adjustment (COLA) and the updated Social Security tax wage base. You’ve probably heard a lot ...
President Donald Trump pledged to end taxes on Social Security as part of the GOP's 'One Big Beautiful Bill' signed into law on July 4. The exact wording of the law actually stipulates a $6,000 tax ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. For many retirees, being taxed on Social Security ...