One Big Beautiful Bill & Social Security Changes
Source: pexels
One Big Beautiful Bill?
On May 21, 2025, the House passed the One Big Beautiful Bill, detailing spending and tax regulations.
Source:freepik
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.
Source:freepik
Standard Deduction Raised
Reported that the bill raises the standard deduction by $4,000 for citizens above 65, starting in 2025 until 2028.
Source: pexels
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.
Source: pexels
Senate vs. House Versions
The Senate version includes Medicaid and more tax adjustments, creating active debate between the parties until June 2025.
Source: pexels
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.
Source: pexels
Want to Learn More?
Explore full details, tips, and resources on our website.
Source: Canva
Learn more