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News

Beautiful Bill, Social Security

The Motley Fool · 11m
Social Security: Trump's "Big, Beautiful Bill" Has Good and Bad News for Retirees
During his campaign, Trump promised to eliminate federal taxes on Social Security benefits. While that measure was cut from the final bill, the majority of seniors are still set to receive a tax break.
USA TODAY · 9h
Social Security tax breaks: What the ‘Big Beautiful Bill’ really means for 88% of retirees
Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.)
CBS News on MSN · 8h
Does the "big, beautiful bill" eliminate taxes on Social Security?
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire at the end of 2028.
7don MSN
Instead of Eliminating Social Security Taxes, the Big Beautiful Bill Provides a 'Senior Bonus'
Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not ...
7don MSN
Social Security changes in Trump's Big Beautiful Bill: What to know
Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

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