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Tax breaks in the One Big Beautiful Bill are projected to force Social Security cuts around 2032 now. Voters must pay attention, this writer says.
Trump’s “Big Beautiful Bill” adds a new senior tax deduction, but doesn’t change Social Security taxes -- offering retirees potential savings on taxable income through 2029.
There isn't a wrong age to start claiming Social Security, but there are factors that everyone should consider to avoid leaving money on the table.
President Donald Trump’s ‘One Big Beautiful Bill’ offers to bring widespread tax relief for senior citizens. Signed into law on July 4, the act introduces a measure to provide significant tax ...
Individuals over the age of 65 can claim $6,000 as a tax deduction, as of their next tax filing, according to the Internal Revenue Service. Those who file joint returns can claim this amount ...