The One Big Beautiful Bill is a massive proposed tax and spending package loaded with initiatives that align with Trump’s agenda. As it’s currently written, the bill includes major changes to Medicaid, food stamps, border security, taxes and more that have the potential to affect millions of Americans.

Will the standard deduction increase cut taxes on Social Security benefits? For context, the estimated average monthly Social Security retirement benefit in January 2025 was $1,97

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

A former IRS employee pleaded guilty to tax and Social Security fraud, inflating refunds, and stealing benefits, facing potential prison time and fines.

COLA increase might be just 2.4%—the lowest in years. Here’s how shrinking Social Security raises housing risks for retirees.

But for now, you'll have to plan for benefit taxes so you're not caught off guard. You can do this by setting aside money yourself for taxes or by requesting that the Social Security Administration withhold money for taxes from your checks. Consult with a tax professional if you're unsure of how to best handle this.