For most people, getting out of self-employment taxes will save a lot of money. LLCs do not allow that on their own. However, ...

For retirees who claim benefits at Full Retirement Age—currently set at 67—the maximum monthly payment is $4,018. If you choose to start benefits at the earliest eligible age of 62, the maximum amount ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

You can't claim Social Security retirement benefits until you turn 62, but there's no rule saying you have to be retired to do so. The Social Security Administration assigns everyone a full retirement ...

It’s that time of year again: time to gather the documents you need for filing your federal income taxes if you haven’t ...

The earnings limit for 2025 is $23,400 and if you earn more than the annual limit, SS will take away $1 in benefits for every ...

This Social Security Fairness Act checklist explains what public sector retirees can expect from SSFA, including how much ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Social Security is a critical income source for millions of older Americans today. But whether you’re close to retirement age ...

A 2.5% Social Security cost-of-living adjustment is the lowest increase to benefits since 2021. To increase those checks, ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...