President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?

The big problem with Trump's proposal to eliminate Social Security's income taxes on benefits is that those taxes are one of just three critical funding sources for the program. The other two are the payroll taxes that workers pay and the interest income on the program's trust funds.

President-elect Donald Trump's plans to protect Social Security benefits could give retirees more money in their pockets, but it could also deplete the program's funds more quickly over the long term.

For most retirees, Social Security is more than just a monthly check. Even though the average Social Security check in 2025 is a modest $1,976 per month for retired workers, it represents a financial foundation that many beneficiaries would struggle to live without.

President Donald Trump has said that under his second term he would look to eliminate taxes on Social Security income for seniors, which at first glance sounds like a good thing for folks who

In 2025, nine states will impose taxes on Social Security benefits, understanding the specific rules and income thresholds in these states is crucial for reduce.

Social Security benefits are a vital source of income for many retirees in the United States. However, depending on where you live and your income level, you may have to pay taxes on these benefits. In 2025,