MiBolsilloColombia on MSN
New $6,000 tax deduction for seniors: Who qualifies for the extra 2026 benefit
The 'One Big Beautiful Bill Act' (OBBBA), signed into law on July 4, 2025, introduces a new $6,000 tax deduction for seniors.
The Daily Overview on MSN
10 benefits seniors leave on the table
Seniors across the country are quietly losing access to food and income support they have already earned, often because ...
The second big problem with Social Security that will persist into 2026 relates to how benefits are taxed. Social Security ...
WILKES-BARRE — U.S. Sen. Bob Casey and Democratic colleagues on the Special Committee on Aging has sent a letter urging the Social Security Administration to respond to the growing threat of scams ...
Social Security recipients will receive an annual cost-of-living adjustment of 3.2% for 2024, a much smaller increase than the inflation-fueled boosts of the past two years, the Social Security ...
Chapter reports that seniors leave $5 billion in unclaimed Medicare Advantage OTC benefits annually due to lack of awareness ...
(CNN) — Social Security recipients will see their monthly payments inch up by only 2.5% next year, as the steady decline in inflation puts a damper on the program’s annual cost-of-living-adjustment, ...
The federal government taxes the benefits of some seniors, depending on their provisional income. Twelve state governments also taxed benefits in 2023. Planning for these taxes is key to avoiding ...
We've still got nearly five months left of 2024, but many seniors' eyes are already turning toward the 2025 Social Security cost-of-living adjustment (COLA). Though inflation is slowing, it's taken ...
Seniors in some states might be forced to go without previously offered employer-based benefits that served as a supplement to traditional Medicare benefits, a new report has found. Historically, ...
Taxes on Social Security benefits have gotten a lot of attention over the last few months, ever since President Trump vowed to eliminate them on social media. If you owe them, you probably know they ...
Social Security will get a cost-of-living adjustment (COLA) in 2025, though we don't know how big it will be yet. Even with the COLA, Social Security's buying power could still decrease over time ...
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