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What does the new Social Security tax deduction mean for seniors over 65?

President Donald Trump signed his tax cut and spending package, dubbed “one big, beautiful bill,” into law July 4. The Senate passed the package July 1 with...

Does the

As Congress was approving President Trump's "big, beautiful bill" on Thursday, the Social Security Administration touted the legislation by stating that...

‘Big, Beautiful Bill’ won’t eliminate taxes on federal Social Security benefits as Trump says it will

It does not. At best, Trump’s “no tax on Social Security” claim exaggerates the benefits to seniors if either the House or Senate-passed proposals is...
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