social security big bill - Search News

News

Social Security, beautiful bill

NBC New York · 2h

‘Big beautiful bill' may help some seniors on Social Security. But it doesn't eliminate taxes on benefits

Now that President Donald Trump has signed the “big beautiful” bill into law, experts weigh in on the tax relief some seniors may expect to see.

MarketWatch on MSN · 2h

No tax on Social Security? Not quite. What the tax megabill really means for seniors.

Before the passage of the tax bill, 64% of seniors didn’t pay taxes on their Social Security benefits, according to a June report from President Donald Trump’s Council of Economic Advisers. Under the new legislation, 88% won’t pay taxes on those benefits, the report estimated.

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.

5don MSN

Social Security changes in Trump's Big Beautiful Bill: What to know

Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

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 ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results