IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
Taxes
Impact of Trump proposals on Social Security
A new analysis suggests former President Donald Trump's economic proposals, should he win the election, could speed up when the Social Security trust fund runs out of money. This is according to a report by the nonpartisan group Committee for a Responsible Federal Budget. Marc Goldwein, senior vice president and senior policy director for the group, joins CBS News to unpack the findings.
The IRS has announced its new 2025 tax brackets. Here's what to know.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
How the 2025 tax brackets impact you
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.
Trump's Social Security plan could lead to 33% benefits cut: Analysis
Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.
Here's who would benefit from Trump's tax plan on car loan interest
Donald Trump is proposing making interest on car loans tax-deductible. But the benefit would mostly help high earners.
What Kamala Harris says her tax plans mean for voters
The economy has weighed heavily on voters' minds as the Nov. 5 presidential election nears. Vice President Kamala Harris shares her plans.
Walz, Vance lay out campaigns' economic plans
The Wharton School says Harris and Trump campaigns' economic proposals would increase the national deficit. "CBS Evening News" anchor and managing editor Norah O'Donnell asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance how they would pay for the plans without ballooning the deficit.
The IRS will soon set its new 2025 tax brackets. Here's what to know.
The IRS adjusts its tax brackets and other provisions each year for inflation. Here's what experts say to expect in 2025.
Trump pledges lower taxes in Georgia
Former President Donald Trump outlined his plan to lower taxes for American manufacturing in Georgia on the campaign trail Tuesday, while Vice President Kamala Harris' campaign held a "Republicans for Harris-Walz" event. CBS News chief election and campaign correspondent Robert Costa and CBS News digital reporter Aaron Navarro have the latest.
Tab for Trump's tax proposals is adding up. Can the U.S. afford them?
Former President Donald Trump has unveiled a flurry of proposed tax cuts aimed at seniors, homeowners, tipped workers and more.
Biden economic adviser unpacks Fed rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Trump wants to eliminate the $10,000 SALT deduction cap he created
Donald Trump is proposing to reverse a key element of his signature 2017 tax law that affected millions of homeowners. Here's what to know.
Harris and Trump push for Child Tax Credit hike
Government figures show it now costs more than $300,000 to raise a child from birth to age 18. Since 1997, the federal child tax credit has been helping parents save a little bit of that money. Now, both the Harris and Trump campaigns are proposing supersized versions of the tax break. Nancy Cordes reports.
Trump repeats false Haitian migrants rumor
The presidential candidates hit more battleground states on Friday, with Vice President Kamala Harris visiting two towns in Pennsylvania and former President Donald Trump holding a rally in Nevada. Trump repeated a widely debunked rumor that undocumented Haitian migrants in Springfield, Ohio, are eating people's pets. CBS News campaign reporter Katrina Kaufman has more.
Gov. Cooper: Harris can "carve her own way"
North Carolina Gov. Roy Cooper says Vice President Kamala Harris is "her own person" and has already shown that she wants a way forward while outlining some of her positions on the campaign trail. "It's a pretty clear choice for me," Cooper told CBS News' Caitlin Huey-Burns ahead of Tuesday's debate between Harris and former President Donald Trump.
Apple must pay Ireland more than $14 billion in back taxes, court rules
Ruling comes on same day EU court enforces whopping $2.7 billion penalty against Apple in long-running antitrust case.
IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Harris unveils small businesses plan
Vice President Kamala Harris released new details Wednesday on tax incentives for small businesses should she win the 2024 election. CBS News campaign reporter Shawna Mizelle reports on the plan.
Harris proposes incentives for small businesses
While campaigning in New Hampshire on Wednesday, Vice President Kamala Harris served up an idea that would allow new small businesses a chance to write off up to $50,000 in startup costs, up from the current maximum of $5,000. Ed O'Keefe reports.
How your paycheck would be impacted by the Trump and Harris tax plans
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Inside Harris and Trump's competing tax plans
Vice President Kamala Harris and former President Donald Trump's tax plans could affect your paychecks in very different ways. CBS MoneyWatch associate managing editor Aimee Picchi has a look at each of them.
Trump economic proposals could be costly
Former President Donald Trump's tax and spending proposals could send the national debt soaring, according to a new study by the Penn Wharton Budget Model. Scott Lincicome, the vice president of general economics at Cato's Herbert A. Stiefel Center for Trade Policy Studies, joins CBS News with more.
Harris, Trump propose on economy
The state of the economy continues to be a top voting issue in 2024. Here's how Vice President Kamala Harris and former President Donald Trump differ on economic policy proposals as they campaign for the White House. CBS News' Tom Hanson reports.
Freed Americans may still face IRS penalties
The Americans freed in a historic prisoner swap with Russia will likely face challenges as they return to ordinary life, including automatic IRS penalties. Diane Foley, president and founder of hostage advocacy group the Foley Foundation, joins CBS News to discuss the bill sitting in Congress to address the tax issue.
Live
Trump says rescued U.S. airman was "seriously wounded," vows to hit Iran's power plants
President Trump hailed the rescue of a U.S. airman from inside Iran and threatened to hit power plants if Iran doesn't open the Strait of Hormuz.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
U.S. drawn deeper into war, as Trump calls for Iran to accept a deal
While President Trump threatens to bomb Iran "back to the stone ages" if they do not agree to a deal to end the war, some experts tell CBS News that the continuing war will likely make the regime in Tehran more determined to build a nuclear weapon.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
Secret Service investigating overnight gunfire near White House
No injuries were reported and a suspect was not located following a search of the area, the Secret Service said.
Pope Leo calls for hope amid global conflicts on his first Easter as pontiff
Pope Leo XIV celebrated his first Easter Mass as pontiff, urging hope against the violence of war.
Driver charged with DWI after vehicle crashes into crowd at Louisiana parade
Officials said the incident does not appear to be an intentional act based on a preliminary investigation.
U.S.
More U.S.
Secret Service investigating overnight gunfire near White House
No injuries were reported and a suspect was not located following a search of the area, the Secret Service said.
See which stores are open and closed for Easter 2026
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Robbery reveals sinister plot to kill a man with a root beer float
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
MoneyWatch
More MoneyWatch
See which stores are open and closed for Easter 2026
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
Sauté pans sold at Costco recalled after metal caps "forcefully eject"
One consumer reported sustaining bruising and burn injuries.
Chicago Fed's Goolsbee says he sees inflation as risk to 2026 rate cuts
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
3 ways the Iran war is hitting Americans' pocketbooks
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
3.1 million bottles of eye drops sold at Walgreens, CVS are recalled
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Politics
More Politics
Secret Service investigating overnight gunfire near White House
No injuries were reported and a suspect was not located following a search of the area, the Secret Service said.
Transcript: Maryland Gov. Wes Moore on "Face the Nation with Margaret Brennan," April 5, 2026
The following is the full transcript of an interview with Maryland Democratic Gov. Wes Moore, which will air on "Face the Nation with Margaret Brennan" on April 5, 2026.
Missing U.S. crew member from downed fighter jet rescued in Iran, Trump says
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Family of Iran military leader Soleimani has U.S. residence visas revoked
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Ousted Army chief of staff says soldiers deserve "courageous leaders" in email
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
HealthWatch
More HealthWatch
Scientist with rare ALS genetic mutation looks to experimental treatment
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
New ALS treatment brings hope to patients
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
He thought he was in good health — until fainting during a bike ride
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
HHS announces national program to study effect of microplastics on humans
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
FDA approves Eli Lilly weight loss pill
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
World
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How archaeology turns political in the West Bank
Archaeologists, residents and government officials talk about how uncovering and preserving centuries-old sites and artifacts in Israel and the West Bank also serves to highlight contemporary disputes over ownership rights, and concerns about history being erased.
British Prime Minister criticizes London festival for booking Kanye West
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
Divine art: Inside the Vatican's Mosaic Studio
For hundreds of years, St. Peter's Basilica has been adorned by mosaics – millions of tiny colored tiles melted and fashioned into astonishing art – created using tools and techniques dating back centuries.
U.S. drawn deeper into war, as Trump calls for Iran to accept a deal
While President Trump threatens to bomb Iran "back to the stone ages" if they do not agree to a deal to end the war, some experts tell CBS News that the continuing war will likely make the regime in Tehran more determined to build a nuclear weapon.
British royals attend Easter service without Andrew
The service marked the family's first appearance together since the arrest of former Prince Andrew.
Entertainment
More Entertainment
The sublime perfection of Raphael
One of the greatest artists of the Italian Renaissance is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City.
Extended Interview: Jean Smart
In this web exclusive, Jean Smart, the Emmy-winning star of "Hacks," talks with correspondent Tracy Smith about filming the final season of her HBO series.
Inside the final season of "Hacks"
The Emmy-winning HBO comedy "Hacks," about the travails of comedian Deborah Vance and her writer, Ava, is launching its fifth and final season. Correspondent Tracy Smith talks with stars Jean Smart and Hannah Einbinder about saying goodbye to roles that were a match made in comedy heaven. Smith also talks with the show's co-creators: Jen Statsky, Paul W. Downs and Lucia Aniello (who describes directing one episode while in labor).
British Prime Minister criticizes London festival for booking Kanye West
British Prime Minister Keir Starmer said he was concerned about Kanye West's planned appearances at a London festival, given the rapper's past antisemitic remarks.
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including actresses Dee Freeman ("The Young and the Restless") and Mary Beth Hurt ("The World According to Garp").
Technology
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The $100,000 H-1B visa fee is impacting the U.S.'s ability to attract global talent
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Science
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Science
Artemis II astronauts speak during historic lunar mission
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
CBS News studio shakes as Artemis II launches
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
What Artemis II astronauts will do in space
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
How Artemis II crew will sleep in space
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
Crime
More Crime
Robbery reveals sinister plot to kill a man with a root beer float
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
Would Michigan investigators be able to prove murder in a case without a body?
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Man arrested at retirement home for wife's murder decades earlier
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
From 1996: FBI arrests suspected Unabomber
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
More on Pam Bondi's firing
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Space
More Space
Despite toilet trouble, Artemis II crew reflects on wonder of deep space experience
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Moon-bound Artemis II astronauts enjoy a relaxed day in space
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
NASA shares first photos of Earth taken by Artemis II
The photo shows the entire planet, as well as the Northern and Southern lights.
Artemis II crew clears Earth orbit, heads for the moon
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
Artemis II crew begins "crazy first day" in space after exhilarating launch
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Full interview: Maryland Gov. Wes Moore
Maryland Gov. Wes Moore speaks with CBS News' Ed O'Keefe on "Face the Nation with Margaret Brennan" about the Iran war, U.S.-Israeli relations, healthcare and more.
Nature: Spring in Pennsylvania
We leave you this Easter Sunday in south-central Pennsylvania, where the last vestiges of winter are disappearing with the flowering of spring. Videographer: Brad Markel.
These United States: An ode to baseball
If our national pastime has a national anthem, it is "Take Me Out to the Ball Game," penned in 1908 as a celebration of the sport. Correspondent Lee Cowan looks at the history of Jack Norworth and Albert Von Tilzer's song, which expresses the thrills, fun and romance of baseball.
The sublime perfection of Raphael
Raphael, one of the greatest artists of the Italian Renaissance, is now the subject of the first comprehensive exhibition of his work ever in the United States, at the Metropolitan Museum of Art in New York City. Correspondent Martha Teichner explores "Raphael: Sublime Poetry," which examines the life of an artist who, at a young age, was influenced by Leonardo da Vinci, and was commissioned by the Vatican to create works rivaling those of Michelangelo.
Artemis II astronauts speak during historic lunar mission
On Monday, the astronauts aboard the Artemis II spacecraft will loop around the Moon's far side, part of a mission pushing human beings farther from Earth than anyone has ever been. Correspondent Mark Strassmann talked with commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen as the crew was about 180,000 miles from home, preparing for their historic lunar flyby.