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News

Social Security, tax credit and spending bill

The Detroit News · 2h
Social Security letter on taxes sends confusing message, some experts say
While more seniors will get a tax break, the message itself is confusing and could mislead Social Security recipients, some experts said.
CBS News on MSN · 19h
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.
Forbes on MSN · 19h
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.
19hon MSN
Unusual Social Security email touts Trump bill. Here's what to know.
An email from the agency praised the bill, but only some recipients will see savings. Here's what the legislation means for seniors.
2don 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 ...

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