A new bill could change how certain restored Social Security benefits are taxed. Learn who may qualify, what payments are affected, and how the proposal works.

The One Big Beautiful Bill Act introduced a new tax deduction that many retirees can take advantage of. While the deduction does not directly eliminate tax on Social Security benefits, it has the effect of reducing taxable income for many,

As Social Security barrels toward broke in less than seven years, a Washington think tank has proposed limiting benefits to $100,000 a year for couples.

A top senator aims to reform Social Security to allow seniors to be able to seek extra income and retire early while receiving benefits.

Social Security recipients could get an additional $2,400 a year in benefits if a new bill recently introduced to Congress wins approval — something seniors would no doubt welcome as surging inflation wipes out their annual cost-of-living increases.

Seniors who received a windfall deposit as a result of the Social Security Fairness Act are now finding that the consequences of that unexpected benefit can be costly, especially in Illinois.