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Would You Qualify for a Tax Cut Under Trump's "Big Beautiful Bill"?
The latest draft of the "One, Big, Beautiful Bill" includes an additional tax cut for seniors. It doesn't apply to high earners or those under age 65. This falls far short of President Trump's promise to end Social Security benefit taxes.
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some.
Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...
Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...
To right the ship, the trustees note that more revenue would need to be collected—like through a payroll tax increase—or ...
As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
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Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...
Social Security has not collected enough revenue to cover its total cost since 2021, and the gap between income and expenses ...
The analysis finds that a 23% cut would require $138,000 in added savings to replace the lost income; a 19% benefit cut would ...
The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...
CNET on MSN8d
Social Security Is Shrinking Faster Than Expected. What It Could Mean for Your Future ChecksMillions of Americans rely on Social Security as supplementary income, and for many, it's their lifeline. According to the latest annual report from the Social Security Trustees, the program is in ...
WIVB News 4 on MSN11d
How changes to Social Security projections could affect youIf you or a loved one are planning to receive Social Security checks in the near future, the amount you receive may be ...
MiBolsilloColombia on MSN2d
Social Security payout could grow; if you're in the right kind of jobYour job type and recent policy changes could boost your Social Security benefits. Working past Full Retirement Age and ...
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