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Social Security, beautiful bill

CBS News on MSN · 8h

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.

CNN on MSN · 10h

Social Security Administration praises Trump’s agenda bill in widely sent out statement

The Social Security Administration this week sent out an email to many Americans celebrating the passage of President Donald Trump’s domestic policy bill, and touting the measure’s tax relief for seniors, in a move that analysts said strayed from the agency’s typically apolitical nature.

Investopedia on MSN · 2d

Instead of Eliminating Social Security Taxes, the Big Beautiful Bill Provides a 'Senior Bonus'

Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not quite the case.

6hon 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 ...

MiBolsilloColombia on MSN54m

Could you claim the 6,000 senior bonus deduction? Here's how it works

The GOP's 'One Big Beautiful Bill' proposes a new $6,000 deduction for seniors over 65, aiming to ease tax burdens on Social ...

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 ...

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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