Social Security Under New “Big Beautiful” Tax Provision
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Trump's flagship tax and spending law is expected to have a material (and adverse) impact on America's leading retirement program.
Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income taxes for most recipients starting in 2026. The One Big Beautiful
Trump’s Big Beautiful Bill: What It Really Means for Social Security Taxes U.S. News & World Report July 24, 2025, 8:00 PM
The IRS has released new guidelines to help taxpayers understand the Big Beautiful Bill, a sweeping tax reform law now in effect for the 2025 filing season. Aimed at middle-class workers, boomers and retirees,
Roughly 400,000 West Virginia retirees are set to benefit from a new federal deduction that eliminates taxes on most Social Security income beginning in 2026.
In order to qualify for the maximum Social Security benefit, you'll also have to earn the maximum for each of the 35 years of earnings that are used to calculate your benefits. That doesn't mean earning umpteen kazillion bajillion dollars each year, though.