Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
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New tax deduction for seniors: A financial relief in 2025
In 2025, seniors aged 65 and above in the U.S. can benefit from a new tax deduction of up to $6,000. This initiative aims to ...
Money gets tighter as you get older, not looser. The mortgage may be paid off, but the property taxes keep climbing. Medicare ...
In January 2026, the Centers for Medicare and Medicaid Services (CMS) implemented new restrictions that roll back parts of a ...
A new, $4,000 'bonus' deduction would be available for those age 65 and older who fall within set income limits, under the House GOP mega-bill that passed in May. AARP's Nancy LeaMond says the group ...
Mississippi was found to be the most reliant on Social Security of any state, with benefits accounting for nearly half, 49.5% ...
The Senior Citizens League has thrown its support behind a bill that would increase monthly Social Security benefits for recipients and lessen the chance of the program going insolvent. The Alexandria ...
Democratic Senators are pushing legislation that could hike monthly Social Security payments by $200, arguing senior citizens are struggling to keep up with sky-high costs. The recently introduced ...
Each dollar matters when you’re managing a fixed income in retirement. That’s why it’s wise for seniors to take advantage of every savings opportunity available. Fortunately, there is a range of ...
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