Most Americans are in favor of making the wealthy pay more while reducing their benefits. The government could increase the ...

In the final days of the Biden administration Congress passed, and President Biden signed, the Social Security Fairness Act. The law is now in effect and has been made retroactive ...

Stealth taxes’ showing up on Social Security benefits. Social Security’s primary source of funding is payroll tax revenue. Each year, a wage cap is established that dictate ...

Social Security is an essential aspect of retirement security for millions of Americans, and it's no secret that the program ...

Social Security gets the bulk of its funding from payroll taxes. And while that revenue stream is set to continue, in the coming years, it will shrivel as baby boomers exit the labor force in droves.

The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...

Changes are coming to Social Security in 2025 that may cause issues for top and low end earners. Here's what Arizona ...

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the ...

The problem is that depending on your income, you may also be paying taxes on your Social Security benefits as a retiree. And ...

In 2023, income taxes on benefits added $50.7 billion to the Social Security trust funds, accounting for about 3.8 percent of Social Security’s revenue — the vast majority of which comes from ...

The wage cap, or the limit on taxable earnings, was $168,600 last year. In 2025, it will increase to $176,100. This means ...

Last year, the wage cap or the limit on taxable earnings sat at $168,600. In 2025, this increases to $176,100. This means that those earning more than $176,100, will pay no more than $10,918 in social ...