Right now, this new deduction is only supposed to last through 2028, though it could get extended. But either way, it may not ...

Earlier this month, the House Ways and Means Committee advanced the Claiming Age Clarity Act, a bipartisan bill aimed at ...

Social Security spousal benefits max out at 50% of what your spouse is eligible for at their full retirement age. If you ...

That’s why understanding exactly when you qualify for your full benefit is crucial. Yet, most people don’t.

The Social Security Administration penalizes you for every month you claim checks under your FRA. You lose 5/9 of 1% per ...

Learn the average Social Security benefit for 75-year-olds, why payments are higher for late claimers, and how to estimate ...

A new bipartisan congressional proposal for the beleaguered Social Security program aims to change the wording around key ages people can claim retirement benefits, to clarify that waiting longer ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Social Security is America’s most expensive program, accounting for more than one in five dollars in the federal budget. A perennial political hot-button topic, Social Security is subject to political ...