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Trump says 'no tax on Social Security' with reconciliation bill. That's not true for everyone.
As a 2024 candidate, Donald Trump promised to end the taxation of Social Security. Both the House and Senate versions of his "Big Beautiful Bill" would cut taxes for many Social Security beneficiaries,
Lawmakers Could Raise Social Security's Full Retirement Age. Here's What That Might Mean for You
Lawmakers don't want to see those cuts happen, so they've been talking through different solutions to prevent them. And one such solution is to raise Social Security's full retirement age. Currently, that age is 67 for anyone born in 1960 or later. Some lawmakers feel that pushing that age to 69 could help prevent broad Social Security cuts.
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Seniors Miss Social Security Tax Breaks As Medicare Faces Massive CutsSeniors will continue paying taxes on Social Security benefits under Trump's new legislation despite campaign promises. The ...
While Social Security is in no danger of insolvency, its existing payout schedule, including annual cost-of-living ...
The tax deduction is not for all Social Security recipients. It would not apply to dependents, deceased workers’ survivors or disabled workers. A tax cut specifically for Social Security recipients ...
One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...
Social Security has not collected enough revenue to cover its total cost since 2021, and the gap between income and expenses ...
Trump warns of "largest tax increase in history" if Senate fails to pass his comprehensive bill that includes tax cuts and ...
Many current and future retirees have pretty serious concerns about the future of Social Security. Some studies suggest close ...
WASHINGTON—Republican senators are making a mad dash to pass the GOP tax-and-spending megabill and send it to President Trump ...
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