Many seniors opt to continue working or go back to work even after claiming Social Security, for financial reasons or the potential mental and physical health benefits of working at least part time ...

Over the previous 85 years, the Social Security Board of Trustees has released an annual report detailing the financial "health" of the program. This report allows anyone to break ...

I plan to keep working for another five years or so. I am turning 67 next month. It was suggested that I start collecting benefits now because the payroll taxes I currently pay will add to my benefit ...

The family affordability tax credit provides eligible families with tax credits of up to $3,200 per child under 6 and up to ...

Social Security is likely going to be a crucial source of income when you are retired. Unfortunately, because the rules ...

In several places, state income taxes on Social Security retirement benefits are lower in 2025 due to recent legislation. And in one other state, taxes might be cut sometime this year.

Thankfully, Social Security benefits are raised automatically nearly every year to help them compensate for inflation. Without those cost-of-living adjustments (COLAs), recipients would practically be ...

Tax season is upon us -- the IRS started accepting returns on Monday, Jan. 27, and if you file early, you could get your tax refund by the end of February. Before you grab your W-2 and fire up our ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

Retired people who get monthly Social Security payments may owe income tax on a portion of the benefits depending on their ...

Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out your 2024 return, said Tom O’Saben, director of tax content and government ...

Reentering the workforce after having officially retired from it can raise a host of financial planning questions, especially for individuals whose main motivation for “unretiring” is economic.