Social Security Benefits Increased in 2025? You Might Face a Bigger Tax Bill This Year

Millions of Americans saw a Social Security benefit boost last year thanks to the Social Security Fairness Act. If you were among them, you probably got a permanent increase to your checks as well as a one-time payment for benefits going back to January 2024. That extra money has likely been a huge help as living costs continue to rise. But it could also lead to a major shock when you file your 2025 tax return. Will AI create the world's first trillionaire? Our team just released a report on the one littl ...