MiBolsilloColombia on MSN

The government can still tax up to 85% of your Social Security. Here's how a new 'senior bonus' changes the math

Understand how your Social Security is taxed in 2026. Learn about the income thresholds and how the new $6,000 Senior Bonus ...
GOBankingRates on MSN

Social Security 'bonus': 6 proven strategies to maximize your tax savings

Between a 2.8% COLA & new $6K senior tax deduction under the OBBBA, explore Social Security recipients' savings & investment ...
AOL

Expecting a bonus? These moves cut the tax bill and put every dollar to work

Your holiday bonus is a reward for the work you've put in all year, and it deserves a plan that honors both your present and your future. You've earned this money, and the best approach lets you enjoy ...
THE WEEK

Will you owe taxes on your year-end bonus?

A year-end bonus is a nice reward for your hard work — and a helpful infusion of cash, especially after holiday-related spending. But before you count on adding the full amount of your bonus to your ...
Morningstar

Here's how the senior bonus in the megabill will affect your taxes this year

Social Security, Medicare, MAGI and IRMAA: What your tax return might look like in April if you're 65 or older Financial adviser Devin Carroll got right to work over the Fourth of July weekend ...
Task & Purpose

Bipartisan bill would nix federal taxes on military bonuses

A bipartisan House bill would remove federal taxes from military bonuses. The bill, nicknamed the BONUS Act, would exempt servicemembers’ enlistment, reenlistment, and performance bonuses from being ...
MoneyWeek on MSN

Five ‘bear traps’ to look out for this bonus season – and four ways to lessen the blow

March is the peak month for bonuses, but it can lead to tax and pension issues. We look at four ways to protect your ...