Social Security, Trump

Trump pledged to eliminate Social Security Benefit taxes. Why that could be bad.
Though Trump pledged to eliminate these income taxes on benefits, it's not solely within his power as president to do so. Congress would have to pass a law eliminating this tax, and even with Republicans controlling the House and Senate, it could still be difficult to pull this off.
Donald Trump Pledged to Eliminate Social Security Benefit Taxes. Here's Why That Could Turn Out Badly for Retirees.
President-elect Donald Trump is set to retake office in a little over a month after winning the election over Vice President Kamala Harris in November. Trump's campaign made many promises, but one particularly interesting promise to retirees was his pledge to eliminate Social Security benefit taxes.
Social Security's Retirement Age Is Changing: Here's Who's Affected
The Social Security retirement age is when seniors can receive monthly benefits for the full amount they're entitled to.
This was the average Social Security benefit in 2004, and here's what it is now
It's smart to get at least a rough idea of how much income you can expect from Social Security so that you can plan accordingly.
Here Are Two Major Social Security Changes Retirees Need to Know Heading Into 2025
Social Security benefits will increase by 2.5% beginning in 2025. The wage base limit will increase to $176,100 in 2025. Only income up to that wage base limit is subject to Social Security tax. One thing people quickly notice about Social Security is that change is virtually inevitable.
Social Security retirement age set to change in 2025
Among the changes Social Security recipients will see in 2025 is a higher full retirement age. The number marks the age at which workers become eligible to claim 100 percent of their retirement benefit based on lifetime earnings.
Could Retirees See Social Security Benefits Cut Under Trump?
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing
Here's the 1 Thing Trump Plans to Do About Social Security That Should Concern Retirees the Most
Trump opposes Social Security benefit cuts, raising the full retirement age, and increasing payroll taxes. Some of his proposals could accelerate the timeline for Social Security running out of money.
Prediction: 3 Massive Ways Social Security Could Change in 2025
Although Social Security has been around for decades, it's common for some of the program's aspects to change from year to year. For example, seniors on Social Security are eligible for an automatic cost-of-living adjustment,
Social Security changes announced for 2025
The Social Security Administration has announced several changes for 2025 that will impact millions of Americans. One of the most significant adjustments is the increase in the maximum amount of taxable earnings for Social Security.
Social Security update: Second round of December payments worth $4,873 goes out in three days
The second round of December’s Social Security payments will go out to the first group of retirees in three days.
Senate plans to vote on bill that would increase Social Security benefits for some pensioners
People who receive income from public pensions may have their Social Security benefits reduced. The Senate may soon vote to ...
Social Security Fairness Act takes big step towards passage
Lawmakers are moving ahead with a bipartisan bill that would provide enhanced Social Security benefits to millions of ...
Senate begins final push to expand Social Security benefits for millions of people
The Senate is pushing toward a vote on legislation that would provide full Social Security benefits to millions of people ...
Social Security update: January direct payment worth $943 goes out in 16 days
January’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries in 16 days. The ...
What is the Social Security Fairness Act?
The Social Security Fairness Act would increase payouts of Social Security benefits to roughly 2.8 million people by ...
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Yes, You Can Freeze Your Social Security Number to Thwart Identity Thieves. Here's How
Locking your Social Security number requires a different process than freezing your credit. Both tools can protect you ...
Social Security update: Second round of December payments worth up to $4,873 goes out in four days
Millions of Social Security beneficiaries will receive the second round of retirement checks for December in four days.