During his presidential campaign, Trump promised widespread tax cuts -- from no tax on tips or overtime to cutting federal taxes on Social Security benefits. The latter, specifically, could have a direct impact on millions of retirees, with around 40% of those collecting benefits owing taxes on them.

President-elect Donald Trump's plans to protect Social Security benefits could give retirees more money in their pockets, but it could also deplete the program's funds more quickly over the long term.

A major concern for many voters in the 2024 U.S. Presidential election was the state of Social Security. Seniors are worried that Social Security isn't doing enough to help them keep up with rising inflation.

The Social Security Administration (SSA) is a cornerstone for over 64 million retirees in the United States, ensuring their financial security. A new Senate proposal to raise the eligibility age has sparked widespread debate.

During his presidential campaign, Donald Trump signaled support for ending the decades-long practice of taxing Social Security benefits on several occasions. "Seniors should not pay tax on Social Security," Trump asserted on his social media platform in July. He then repeated the proposal in August during an interview with Fox.

A group of retirees in the United States will soon be without Social Security benefits, according to an announcement from the Social Security Administration (SSA). The SSA stated that some retirees will not receive their Social Security benefits due to specific eligibility issues.

I turned in my forms to the local Social Security office within the correct window, but that office lost my paperwork and now refuses to accept it.