Trump's 'Big, Beautiful Bill' impact social security
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President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
The 'Big Beautiful Bill' signed by President Trump promised to eliminate taxes on Social Security benefits. However, the reality is more nuanced, offering significant tax relief but not a complete elimination.
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.
During his campaign, Trump promised to eliminate federal taxes on Social Security benefits. While that measure was cut from the final bill, the majority of seniors are still set to receive a tax break.
President Trump’s “Big, Beautiful Bill” will cut taxes on Social Security income—but not everyone qualifies. Here’s what it means for retirement planning.
President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a provision to help offset those levies.