Social Security Under New “Big Beautiful” Tax Provision
Digest more
Trump's flagship tax and spending law is expected to have a material (and adverse) impact on America's leading retirement program.
Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social Security income.
You could lose up to $18,100 in Social Security by 2033—learn why it’s happening, who’s affected and what steps you can take to protect your benefits.
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
President Trump campaigned with the promise to end taxes on Social Security. The One, Big, Beautiful Bill (OBBB) is Trump’s cornerstone piece of legislation aimed at making that promise a reality.
Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income taxes.
Roughly 200,000 retirees in South Dakota 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
6d
Amazon S3 on MSNTrump boasts 275,000 illegal immigrants deported from U.S. after signing of Big Beautiful Bill
President Donald Trump claims nearly 275,000 illegal immigrants have been removed from the U.S. Social Security system following his signing of the “One Big Beautiful Bill.” Speaking to supporters, Trump touted the measure as both a senior citizen tax relief initiative and a step to protect benefits from what he called “fraudulent claims.