One Big Beautiful Bill & Social Security Changes

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One Big Beautiful Bill?

On May 21, 2025, the House passed the One Big Beautiful Bill, detailing spending and tax regulations.

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Ending Federal Taxes on Social Security?

President Trump stated that he will end federal taxes on Social Security, but the bill lacks these regulations in depth.

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Standard Deduction Raised

Reported that the bill raises the standard deduction by $4,000 for citizens above 65, starting in 2025 until 2028.

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Focus on Retirees, Not SSI

The bill doesn’t directly target SSI but aims to decrease the tax burden on retired citizens of the USA.

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Senate vs. House Versions

The Senate version includes Medicaid and more tax adjustments, creating active debate between the parties until June 2025.

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What’s Next for this?

Be with us and watch for further updates as discussions continue on how Social Security will evolve under this bill and especially under Donald Trump.

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Want to Learn More?

Explore full details, tips, and resources on our website.

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