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The new tax will be adjusted when Social Security recipients in these states file their federal income tax returns. However, some states are working to extend exemptions to qualifying seniors.

Social Security COLAs are tied directly to inflation. Therefore, when one goes down, it indicates that the other is down, too ...

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The Social Security Fairness Act was proposed to reverse the rules surrounding the Windfall Elimination Provision (WEP) and ...

Explore how the 2025 Social Security COLA might be reduced by rising Medicare premiums and discover tips on maximizing your ...

Location can also play a role because certain states tend to have higher incomes and subsequently higher Social Security payments.

The actual cost-of-living adjustment for 2025 for Social Security benefits will be announced in mid-October. Early estimates ...

If you're someone who gets a big chunk of your retirement income from Social Security, then you may be itching to know what ...

The COLA has been up and down over the last few years as it was 3.2% in 2023, 8.7% in 2022, 5.9% in 2021 and 1.3% in 2020.

As we approach the new year, many Social Security recipients are bracing for changes in their benefits. According to a recent ...

Americans receiving Social Security payments may see less of an increase next year, according to a nonprofit group that ...