President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?

The big problem with Trump's proposal to eliminate Social Security's income taxes on benefits is that those taxes are one of just three critical funding sources for the program. The other two are the payroll taxes that workers pay and the interest income on the program's trust funds.

Living on Social Security? With President-elect Donald Trump soon to take office, certain policies he plans to implement could increase your expenses in some areas. Increased tariffs have

President-elect Donald Trump's plans to protect Social Security benefits could give retirees more money in their pockets, but it could also deplete the program's funds more quickly over the long term.

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:

During his 2024 campaign, President-elect Donald Trump made a number of promises regarding America's Social Security program. Now that he will once again be sitting behind the desk of the Oval

There are lots of talks about what could happen with Social Security -- especially now that President-elect Donald Trump has been elected into office. At 72, Alexander P. is watching all of them.

Millions of Americans rely on Social Security, but many are also concerned about its dependability going forward. 60% of current retirees say their benefits are a major source of income, according to a 2024 poll from Gallup.