February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in 13 days.

How the government taxes Social Security. Before we dive into how to avoid taxes on Social Security, you'll need a basic understanding of how Social Security benefits get taxed in

Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will receive a higher benefit once the new rules go into effect.

The payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees on Jan. 22.

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:

According to a news release by U.S. Senator Bill Cassidy, the Social Security Fairness Act ensures that public sector workers and their families in Louisiana will receive their full Social Security benefit.

Social Security benefits are a crucial part of retirement income, but taxes can take a bite out of your funds. Understanding federal and state tax implications can help you keep more of your hard-earned money.

Social Security benefits can be taxable at the federal and state level. The income thresholds at which those taxes apply are very low. Eliminating taxes on Social Security could help seniors in

Why do I need to even think about Social Security, much less spend time focusing on it?" But the reality is that some of the Social Security moves you make during your working years could set you up for higher monthly benefits during your retirement years.