Donald Trump, Social Security and Benefit Tax

Who Would Benefit the Most from Trump’s Social Security Tax Plan
President Donald Trump's plan to eliminate federal taxes on Social Security benefits sounds simple: cut taxes so older adults keep more of their money. However, the plan is controversial because
No taxes on Social Security checks? Here’s what Trump’s campaign promise could mean for American retirees in 2025 (and beyond)
Here’s what Trump’s promise could mean for retirees and why you shouldn't be factoring this potential change into your financial plans. Tax-free Social Security benefits? In 2
President Donald Trump's Plan to End Social Security Benefit Taxation Would Solve 1 Problem While Exacerbating Another
President Donald Trump has asserted his belief that seniors shouldn't pay Social Security benefit taxes, and there are plenty of retirees who feel the same. There's a bill in the House now that, if passed, would completely eliminate the tax, providing significant gains to many seniors. But there's a hidden cost that can't be ignored.
Blindsided by Social Security benefit taxes? This could make your life easier in 2025
Tax season usually brings a refund check for most workers, but if you're retired, you could wind up owing the IRS.
As Trump targets waste in Social Security and other programs, his own Social Security status is clear on tax returns
As President Trump targets waste and fraud in federal entitlement programs, his personal Social Security claim status is revealed on publicly released federal tax returns. Preside
Will President Trump Cause Social Security to Run Out of Money Sooner Than Expected? 4 Things to Know.
President Trump has proposed multiple tax cuts. He wants to permanently extend the temporary corporate tax cuts implemented in 2017. During his presidential campaign, he pledged to eliminate federal taxes on Social Security retirement benefits, overtime pay, and tips.
How to calculate your Social Security tax obligations
The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your provisional income is calculated using the following formula: Provisional income = Adjusted gross income (AGI) + tax-exempt interest + 50% of your Social Security benefits
Dr. Mehmet Oz may have skirted paying Medicare and Social Security taxes, Democrats say
Dr. Mehmet Oz, who is President Donald Trump’s nominee to lead the Centers for Medicare and Medicaid Services, may have ...
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Do you need to file taxes if you're on Social Security?
Social Security benefits are handled differently than regular income by the IRS, which can make tax season tricky.
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Say goodbye to WEP and GPO – in exchange, retirees will pay more social security taxes, according to the new social security law
The Social Security Fairness Act is one of those last-minute legislative moves introduced near the end of an administration ...
Social Security tax to be cut for Utahns making $90K or less, legislative leaders say
The Utah legislature has proposed legislation that includes some of the same tax reductions Gov. Spencer Cox asked for in his ...
To Save Social Security, Americans Must Accept These Two Changes
You may have heard the rumor that Social Security is about to go broke. And thankfully, that’s all it is — a rumor. Social ...
Social Security Fairness Act: Will every public worker receive a benefit increase because of the new law?
The Social Security Fairness Act, signed into law on January 5, 2025, has brought a wave of hope to millions of retired ...
5 smart tax moves seniors should make before April 15
Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...
Martin O'Malley will join Sheldon Whitehouse to raise the alarm on Social Security. How to watch.
The former Social Security chief will join Sen. Sheldon Whitehouse on a town hall to talk about the danger to the widely used ...