A new $6,000 senior tax deduction under the OBBBA could help retirees save big on Social Security taxes & offer relief to millions on fixed retirement income.

Experts say retiree Social Security is still taxable and you'll need to read the fine print to understand your situation and what you should withhold.

Even after President Donald Trump’s megabill was passed, Social Security benefit taxes look the same as they did in the 1980s.

For Americans in lower- and middle-income tax brackets, the enhanced deduction for older people reduces taxable income, shielding most of their Social Security benefits from being taxed.

Trump's flagship tax and spending law is expected to have a material (and adverse) impact on America's leading retirement program.

Explore how recent tax changes could influence Social Security’s finances and learn planning implications for clients.

President Trump defends Social Security program achievements amid Democratic criticism, highlighting zero taxes for most seniors and improved customer service

For nearly 50 years after President Franklin D. Roosevelt signed the Social Security Act into law in 1935, benefits were exempt from federal tax. That changed in 1983, when Congress passed amendments that allowed up to 50% of benefits to be taxed for retirees with incomes above certain levels.