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News

New tax law shields most seniors from Social Security taxes

Newsday · 9h
President Donald Trump's big bill cuts taxes for many seniors, but won't eliminate them on Social Security
Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new deduction.
CNN on MSN · 17h
Seniors get a tax break in Trump’s megabill, but many will still pay taxes on Social Security benefits. Here’s the real deal
Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the one the president promised on the campaign trail last year.
USA TODAY · 3d
Social Security tax breaks: What the ‘Big Beautiful Bill’ really means for 88% of retirees
Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.)
6d
No Taxes On Social Security Is A Promise Only Partially Kept
The President promised no taxes on Social Security. The OBBBA keeps that promise for some taxpayers. It is not, however, a ...
8don MSN
Social Security letter on taxes sends confusing message, some experts say
The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...
5don MSN
Does an annuity count as income for Social Security?
The way annuities affect Social Security benefits may surprise you. Here's how they interact and what to watch for.

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