The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in effect for the 2025 filing season. Aimed at middle-class workers, boomers and retirees,

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026. The One Big Beautiful Bill

The "big beautiful bill" includes a $6,000 additional deduction for certain older Americans ages 65 and over. However, the legislation does not end federal income taxes on Social Security benefits.

In order to qualify for the maximum Social Security benefit, you'll also have to earn the maximum for each of the 35 years of earnings that are used to calculate your benefits. That doesn't mean earning umpteen kazillion bajillion dollars each year, though.

Roughly 200,000 retirees in Rhode Island are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026. The One Big Beautiful Bill

President Donald Trump claims nearly 275,000 illegal immigrants have been removed from the U.S. Social Security system following his signing of the “One Big Beautiful Bill.” Speaking to supporters, Trump touted the measure as both a senior citizen tax relief initiative and a step to protect benefits from what he called “fraudulent claims.

President Donald Trump will issue a proclamation on Thursday honoring Social Security’s 90th anniversary on Friday. Trump will tout his budget bill’s tax cuts on Social Security for “the vast majority of seniors who receive social security” in the proclamation,