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Trump’s New Tax Law Could Cut Social Security Taxes For Millions
A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,
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Social Security Fairness Act finishes implementing increases, but could still miss youThe Social Security Fairness Act ends WEP and GPO reductions, boosting benefits for many—but not all eligible recipients are automatically included.
The agency said it is temporarily reassigning about 1,000 customer service representatives from field offices to work on the ...
As President Donald Trump and Congress fumble through his One Big Beautiful Bill on the budget for fiscal year 2025-26, they ...
It's a rocky time for the Social Security Administration. Here's what you should know about what's going on and how to make ...
On the Medicare side, the Hospital Insurance (HI) trust fund is now forecast to exhaust its reserves in 2033, three years sooner than projected in last year’s report. Goldwein emphasized that the ...
Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...
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