News

The 'One Big Beautiful Bill' proposes changes to Social Security and Medicare, potentially affecting retirees and low-income ...
Social Security payment schedule revealed as millions face potential benefit reductions due to overpayment recovery starting ...
A new $6,000 deduction for seniors starting in 2026 could ease the tax burden on retirees—especially those on Social Security ...
One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...
If you’re a member of the labor force today, you might feel like you’re constantly being nagged to save money, whether it’s ...
This week at CBPP, we focused on food assistance, health, the federal budget and taxes, immigration, housing, Social Security, state budgets and taxes, and the economy. On ...
The Social Security Fairness Act was passed by the House in November, and signed by former President Joe Biden on Jan. 5. It eliminates earlier rules that limited payments to public service workers ...
The average annual spending for U.S. households of those 75 years and older was $53,481 in 2022, according to the Bureau of ...