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Social Security, Bill

USA TODAY · 13h

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.)

No, the ‘Big Beautiful Bill’ won’t really end Social Security tax. Here’s why

Despite claims from President Trump and the Social Security Administration, the bill does not put an end to taxes on Social Security benefits.

CBS News on MSN · 13h

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.

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No tax on Social Security? What Trump’s ‘Big Beautiful Bill’ act does and doesn’t do for seniors

New $6,000 deduction will help 88% of beneficiaries avoid taxes on benefits, but it's not a direct elimination of Social Security taxes.

20hon MSN

WATCH LIVE: Trump participates in first Cabinet meeting after signing ‘big, beautiful bill’

President Donald Trump will meet with his Cabinet at the White House at 11 a.m. Tuesday for the first time after signing the ...

6don MSN

Experts warn Senate tax bill accelerates Medicare and Social Security insolvency dates

An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...

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Trump's spending bill cuts Medicaid: Here's what it's called in your state

President Trump's signature tax and spending legislation, the "big beautiful bill," is now law, and that means cuts to ...

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