Tesla founder Elon Musk was named head of the Department of Government Efficiency - a special commission tasked with slashing ...

President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.

Dear Help Me Retire, I plan to keep working for another five years or so. I am turning 67 next month. It was suggested that I ...

President Trump signed an Executive Order deferring payroll tax in the wake of the COVID-19 pandemic and it impacted the take-home pay of certain individuals.

The move by DOGE, a Trump administration task force assigned to find ways to fire federal workers, cut programs and slash ...

The White House rescinded a pause on all Federal grants and loans, but the short-lived action shined a light on what could ...

Unclear if sweeping executive order will affect Medicaid and other federal assistance programs for older Americans.

If citizens no longer have to pay income taxes, that will impact tax revenues much less than if people are exempt from Social Security and Medicare taxes. If taxes were reduced on all overtime pay, ...

including an individual retirement account (IRA), or another tax-favored account. Social Security or Medicare tax on tips you ...

President Trump has promised to protect Social Security, but has also floated the idea of cutting taxes on Social Security ...

There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social Security can’t completely go bankrupt because it gets funded by payroll ...

When it comes to Medicare, understanding how your wages and tips are reported is essential for ensuring that you're paying the correct amount toward your future Medicare benefits.