The Trump administration's tax reform, once hailed as a groundbreaking relief for Social Security beneficiaries, is ...

An age-old rule that desperately needs an update. Seniors whose sole income source is Social Security usually don't have to worry about their benefits getting taxed.

However, the proposal includes specific income limits and is set to expire in 2028, making it a temporary measure. The proposal introduces an additional deduction of $4,000 for individuals aged 65 ...

The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...

The SSA’s July 3 email announced that the so-called One Big Beautiful Bill (signed into law by President Donald Trump on July ...

50% of your annual Social Security benefit; Your adjusted gross income; Your tax-exempt interest income, such as what you might earn from holding municipal bonds; Meanwhile, the average retired ...

Combined income is calculated based on adjusted gross income, tax-exempt interest income you collect, and 50% of annual Social Security income. But as you can see, these thresholds are very low.

One Social Security rule that isn't changing in 2025 is the threshold for taxes on benefits. ... For individual tax-filers, taxes on Social Security apply to a combined income of $25,000 or more.