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

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

Like most elected officials, Donald Trump recognizes that Social Security is vital to the financial well-being of our nation's retirees. But he's not oblivious to the fact that altering Social Security comes with potentially negative ramifications. While speaking at the Conservative Political Action Conference in March 2013, Trump said:

During his 2024 campaign, President-elect Donald Trump made a number of promises regarding America's Social Security program. Now that he will once again be sitting behind the desk of the Oval

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

The program’s finances could take another hit if some of the president’s tax proposals are passed. What to know about claiming early.

Now that Donald Trump is has started his second term as president, backed by a Republican-controlled House and Senate, there has been a lot of talk surrounding Social Security. Specifically,

Social Security’s future is a growing concern as the program faces potential depletion by 2033. Reps. Mike Lawler and George Latimer are calling for a bipartisan commission to study the issue and find solutions to ensure the program remains viable for future generations.