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Social Security, tax credit and spending bill

Forbes on MSN · 3h

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 · 2h

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 in at the end of 2028.

The Washington Post on MSN · 1h

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 exempt those payments from taxes.

1don MSN

Almost 22 Million Seniors Live on Social Security Alone. Here's Why That's a Problem.

The Senior Citizens League, a nonpartisan advocacy group, recently estimated that 21.8 million seniors today get by on Social ...

2don MSN

Millions of seniors will see smaller Social Security checks starting this month

This month, the Social Security Administration will begin withholding 50% of monthly checks from beneficiaries who received ...

4d

Social Security COLA 2026: Why your raise could be smaller than expected

In 2025, benefits got a 2.5% COLA. Many older Americans are hoping that 2026's COLA will be larger, or at the very least, the ...

2don MSN

What to know about the $6,000 ‘senior deduction’ in GOP megabill

The Senate’s version of the “big, beautiful bill,” passed on Tuesday, includes a $6,000 tax deduction for Americans 65 or ...

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