The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.
The new $6,000 deduction goes into effect for the 2025 tax year and will continue through 2028 for those aged 65 and older.
Do You Need to Pay Taxes on Social Security? Maybe. Here's How to Figure It Out ...
You could keep more of your Social Security benefits.
The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.
Social Security is tax-free in most states, but not all. See the 8 states that tax benefits in 2026 and what retirees should ...
There are millions of older Americans today who probably would not be able to survive financially without Social Security.
New tax rules for seniors bring bigger deductions, potential refunds & planning opportunities, with impacts on retirement ...
Congress finally fixed a decades-old Social Security injustice last year, and many retirees thought they’d won. But then came ...
One of the biggest surprises would-be retirees face when planning their retirement finances is the fact that their Social ...
Retirees will enjoy a generous new tax break in 2026, courtesy of the One Big Beautiful Bill Act. Eligible taxpayers who are ...
Trump promised to eliminate Social Security taxes, but the fine print tells a different story. Forbes breaks down what ...