Saturday, June 28, 2025

Does the Big, Beautiful Bill End Taxes on Social Security? NO! It Provides a Heavily Reduced, Temporary Solution

Article Title: Does the Big, Beautiful Bill End Taxes on Social Security? NO! It Provides a Heavily Reduced, Temporary Solution
Snippet of Article: "...No, the "Big, Beautiful Bill" does not eliminate taxes on Social Security benefits entirely, but it does include a temporary $4,000 increase to the standard deduction for those 65 and older. While this deduction may help offset some taxes on Social Security for some individuals, it falls short of President Trump's campaign promise to eliminate all taxes on Social Security benefits. Here's a more detailed explanation: ..."


Source: federalretirementnews.blogspot.com

[tag] Does the Big Beautiful Bill End Taxes on Social Security? NO! It Provides a Heavily Reduced Temporary Solution, [/tag]