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Social Security, tax deduction

NBC New York · 9h

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

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

Forbes on MSN · 2d

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on Social Security benefits for most beneficiaries”—but that’s not true.

CBS News on MSN · 2d

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.

Here’s how Trump’s spending bill will impact your money: child tax credit, no tax on tips and more

Now that the tax and spending bill ahs been signed into law, how it will impact the finances of Americans is more clear.

2don MSN

Social Security Administration sends misleading email lauding Trump's new tax cuts law

The Social Security Administration has sent a misleading email to beneficiaries stating President Donald Trump's sweeping tax ...

3don MSN

How Might Social Security Privatization Impact the Stock Market?

A sudden influx of cash pouring into the stock market is likely to drive up prices. The market may feel a little topsy-turvy ...

4don MSN

Social Security Trust Funds Are Expected to Run Out. Will Congress Step In Before They Do?

With Social Security trust funds estimated to run out in less than a decade, some Americans wonder if Congress will step in ...

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