The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.
Planning for retirement involves more than picking a last working day or exploring new goals and hobbies. It also means understanding how your retirement choices affect your spouse if unexpected ...
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New bill aims to fix 'unfair' tax on Social Security back-pay for millions of retirees
A new bipartisan bill, the 'No Tax on Restored Benefits Act,' aims to stop the IRS from taxing lump-sum Social Security payments that public-sector retirees received.
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Social Security delivers payments ahead of schedule
The Social Security Administration (SSA) has confirmed it has completed sending payments to those impacted by the Social Security Fairness Act, five months ahead of schedule. In January, lawmakers ...
As tax season kicks off and Americans start thinking about their 2025 returns, more than 3 million public sector retirees are seeing a welcome change: bigger Social Security checks, thanks to the ...
For the first time in decades, Social Security is redefining the full retirement age — and that's just one of seven big changes hitting in 2026 that could affect your benefits, taxes or claiming ...
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