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Social Security recipients face a potential tax surprise on their 2025 returns
Are your Social Security benefits taxable? Learn how COLA increases and potential legislative changes could lead to a surprise tax bill for seniors in 2026.
The Social Security Fairness Act, which eliminated WEP and GPO, led to unexpected tax bills for retirees. A new bill is aiming to fix this.
To a great degree, how much you'll pay will depend on your income. Many will pay no tax at all.
A new bipartisan bill would exempt retroactive Social Security payments from federal taxes, easing a surprise financial ...
Some retirees face a big tax bill if lawmakers don't act.
Here's which states are taxing Social Security, and how they might do it.
If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the tax code, it can be complicated to figure out whether – and how much – you ...
Nine states don't have any income tax, whether on paychecks, 401 (k)s, IRAs, or pensions. Four more states have a state income tax but exempt retirement income. Tax laws are always changing, so stay ...
AARP’s mission is to empower people to choose how we live as we age. Financial security makes that choice possible. That is ...
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