Social Security, Trump
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Trump's flagship tax and spending law is expected to have a material (and adverse) impact on America's leading retirement program.
The “One Big Beautiful Bill” introduces major tax changes affecting Social Security, overtime pay, car loan interest, and 529 education plans.
Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social Security income.
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It's Official: Donald Trump's "Big, Beautiful Bill" Will Deplete Social Security Funds Faster
Even while the bill was making its way through Congress, opponents said it would cause the Social Security trust funds to run out of money sooner than projected. Their warnings appear to have been correct. It's official: Donald Trump's "Big, Beautiful Bill" will deplete Social Security's funds faster.
Roughly 4 million Texas retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social Security income starting in 2026. The One Big Beautiful Bill could
The One Big Beautiful Bill Act includes a $6,000 bonus deduction for those age 65 or older. The White House has announced the bill means “no tax on Social Security.”
President Donald Trump's 'One, Big, Beautiful Bill' breaks a key Social Security promise The president's flagship tax and spending bill is missing a key proposal. And it may not be by accident.
Roughly 1 million South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026. The One Big Beautiful Bill
The One Big Beautiful Bill targets middle-income seniors, offering timely relief in a state with rising property taxes and insurance costs.
Washington lawmakers are back home selling the pros and cons of the "One Big Beautiful Bill Act," leveraging the law to shape their message to voters ahead of midterms.