Social Security is a complex program that has undergone a number of changes since the program was signed into law in 1935.

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...

Social Security has undergone many changes this year, largely due to President Donald Trump‘s One Big Beautiful Bill Act, which implemented tax deductions for senior citizens’ retirement benefits.

Millions of seniors saw huge benefit boosts earlier this year due to the Social Security Fairness Act. The 2025 Social Security COLA increased benefits for all seniors. A new senior tax deduction ...

The Windfall Elimination Provision (WEP) was designed to prevent public sector employees—like teachers and firefighters—from receiving disproportionately high Social Security benefits due to working ...