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Millions of taxpayers ages 65 and older got a big tax break in the “One Big Beautiful Bill”: a new $6,000 tax deduction, effective this year. The deduction, which AARP supported, will reduce tax bills for many older Americans, starting with their next tax filing and running through the 2028 tax year, after which it is set to expire. Discover New AARP Benefits Find hundreds of unexpected benefits, savings and other free content with your membership. Applying the new deduction, though, may come with some complexity. The deduction is available in full only to taxpayers with incomes below a certain...

Millions of Americans are bracing for another shift in their monthly Social Security checks as 2025 approaches, but this time the increase feels different. After last year’s eye‑catching boost, the new 3.2% cost‑of‑living raise looks smaller on paper, yet its impact on rent, prescriptions, and rising grocery bills is anything but simple. Many retirees and disabled workers now face tough choices, asking whether this bump can truly stret… Continues… The upcoming 3.2% Cost-of-Living Adjustment offers modest but meaningful relief for Social Security recipients facing higher prices for everyday essentials. While average retired workers may see roughly $50 more per month...

New nationwide surveys indicate a significant drop in public trust in President Donald Trump, even as he maintains that his second term is progressing without issues. A recent CNN/SSRS poll of 1,245 adults, taken from October 27 to 30, shows Trump’s approval rating at 37%, falling from 47% in February—one of the lowest levels of his presidency. In contrast, 63% of Americans now say they disapprove of the job he is doing. Public outlook on the country’s trajectory is also bleak. About 68% say the U.S. is doing “pretty badly” or “very badly,” with rising costs and financial pressures fueling...

President Donald Trump over the weekend vowed to provide each American a $2,000 dividend to be distributed from what he said was tariff revenue. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” the president wrote on social media Sunday, in part. Within hours, however, Treasury Secretary Scott Bessent cast doubt on the plan, saying the payout could merely refer to tax savings enshrined by Trump’s signature domestic spending measure. A tariff dividend may come “in lots of forms,” Bessent told ABC News’ “This Week” on Sunday, adding that he had...

In response to President Trump’s slur to a reporter, White House press secretary Karoline Leavitt has spoken out, defending his choice to refer to the female journalist as “Piggy.” Leavitt discussed the widely shared incident that happened on November 14 when Bloomberg writer Catherine Lucey questioned Trump about the Epstein files during Thursday’s press conference. In his response, Trump explained her had a “bad relationship” with Jeffrey Epstein, prompting a follow-up from Lucey as she asked: “Sir, if there’s nothing incriminating in the files…” She was, however, immediately cut off by the president, who sadly announced: “Quiet. Quiet, Piggy,” before...