Headlines
“No tax on Social Security” not included in Trump’s “Big Beautiful Bill”
The Trump Administration wanted to end the taxation of Social Security benefits, but some House Republicans did not agree. Instead, the Bill includes a $4,000 tax deduction for those age 65 and older, a compromise intended to help low- to…
New Immigration Policy involves Social Security numbers
The Trump administration plans to cancel immigrants’ Social Security numbers to push for deportation. Critics say it is unconstitutional, while supporters say it is a strong deterrent against unauthorized migration. As a post by VisaVerge explained, “… the cancelation of…
“Big Beautiful Bill” takes a Step Forward
After being squelched on Friday night when five republicans voted with democrats, members of the House Budget Committee were summoned back to Washington for a meeting on Sunday night at 10 pm. After some reconsideration, the bill passed along party…
The “Big, Beautiful Tax Bill” still needs some attention!
The House Ways & Means Committee has published it’s “one big beautiful bill” to provide government spending in the next fiscal year. And that bill does, in fact, have some very positive aspects, most notably extending the expiring 2017 tax…
Is increasing Social Security’s full retirement age on the horizon?
Social Security’s full retirement age (FRA) is the point at which you get 100% of the monthly benefit you’ve earned from a lifetime of working. Right now, the FRA for anyone born in 1960 or later is age 67. And,…
Contrasting View: Taking Social Security at 62 is wrong
In contrast to yesterday’s Headline Article at this website – “Should You Claim Social Security at 62?” – this article by financial guru Suze Ormond argues that, in most instances, you should not claim Social Security at age 62 but…
Should You Claim Social Security at 62?
Most financial advisors will likely say no – it’s far better to wait longer to claim Social Security and get a higher monthly payment for the rest of your life. Why then, is age 62 the most popular age to…
How Taxes fit into Social Security’s Financial Future
Unless you were sleeping (or perhaps out of the country) since the last Presidential election, you’ve likely heard a lot about President Trump’s desire to change how income taxes are levied on Social Security benefits. Repealing taxes on Social Security…
How Social Security fits into your retirement plans
This year, many federal employees will be retiring or will be facing downsizing. It is important for them, and other individuals, to reevaluate their retirement plans and understand how Social Security benefits fit into them. Tammy Flanagan, Retirement Counseling and…
Legislation to make changes to the terminology used by Social Security
Sen. Bill Cassidy, [R-LA] introduced on April 29, 2025, a bill to require changes to the Social Security Administration’s terminology. S.1504 – would require the Social Security Administration to make changes to the social security terminology used in the rules,…