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What couples over 65 need to know about the $12,000 deduction

The $12,000 deduction introduced by the 'One Big Beautiful Bill Act' (OBBBA) is a temporary measure designed to provide financial relief to older adults. Specifically, it offers a maximum deduction of ...
NBC Los Angeles

What does the new Social Security tax deduction mean for seniors over 65?

President Donald Trump signed his tax cut and spending package, dubbed “one big, beautiful bill,” into law July 4. The Senate passed the package July 1 with a 51-50 vote, leaving Vice President JD ...

Average Social Security Benefit at 65: See How Yours Compares

Learn how much the average person receives in Social Security at age 65 and explore strategies to maximize benefits and ...
TheStreet.com

Social Security income tax deduction clears critical hurdle

New House bill changes standard deduction for seniors over 65. On the campaign trail, President Donald Trump pledged to eliminate federal income taxes on Social Security benefits for seniors. However, ...
NBC New York

What does the new Social Security tax deduction mean for seniors over 65?

NBC News reports that the new package extends tax cuts that Trump introduced during his first term in 2017. The new package includes cuts to Medicaid, SNAP and clean energy funding, a temporary slash ...