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News

Social Security, beautiful bill

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.
Kiplinger · 4h
Social Security Email on 'Big Beautiful Bill Tax' Changes Sparks Confusion
The SSA’s July 3 email announced that the One Big Beautiful Bill Act (signed into law by President Donald Trump on July 4) would essentially eliminate federal income taxes on Social Security benefits for most recipients.
Newsweek on MSN · 3d
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.
2d
Does the Big Beautiful Bill eliminate taxes on Social Security? It doesn't, and here's why
One of the marquee promises of President Donald Trump's One Big Beautiful Bill Act (OBBBA) was the elimination of taxes on ...
5don MSN
Experts warn Senate tax bill accelerates Medicare and Social Security insolvency dates
An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...

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