Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

A new law provides a $6,000 extra deduction for taxpayers 65 and older. Learn who qualifies, the income limits, and how to ...

President Trump promised to end taxes on Social Security and the White House says the One, Big, Beautiful Bill makes good on that promise. The legislation does not actually end taxes on Social ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. When you are a retiree with no paycheck coming in, you ...

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

A new senior tax break included in the One Big Beautiful Bill Act (OBBBA) could bring relief to hundreds of thousands of retirees in Kentucky. With the introduction of what some call the "senior ...

President Trump on several occasions during his recent campaign vowed to end taxes on Social Security benefits. Legislation currently working its way through Congress (i.e., the One, Big, Beautiful ...

President Trump signed his tax and spending bill into law on July 4, and the White House says it makes good on a campaign promise to end Social Security taxes. The "big, beautiful bill" does not ...