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News

Social Security, Beautiful Bill

CBS News on MSN · 15h
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 in at the end of 2028.
Newsweek on MSN · 1d
Social Security Responds to Trump's 'Big, Beautiful Bill'
The newly passed legislation awaits Trump's signature in a White House ceremony on Friday following a 218-214 vote in the House.
Investopedia on MSN · 2d
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 quite the case.
13hon MSN
Social Security letter on taxes sends confusing message, some experts say
The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...
10h
Social Security Administration sends misleading email lauding Trump's new tax cuts law
The emails say nearly 9 in 10 Social Security beneficiaries won’t pay income taxes on their benefits in the future. But the ...

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