Posted on Friday, 4th July 2025 by Dennis Damp
The reconciliation bill HR-1, passed by Congress and signed by the President on Independence Day, ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits. This bill provides meaningful and immediate relief to millions of seniors. Social Security Commissioner Frank Bisignano recently stated, “This is a historic […]
Tags: 2025 Senior Deduction, Big Beautify Bill, Daily Brief, Reconciliation Bill HR-1, Social Security Tax Reductions
Posted in
- ANNUITIES / ELIGIBILITY
- BENEFITS / INSURANCE
- ESTATE PLANNING
- FINANCE / TIP
- RETIREMENT CONCERNS
- SOCIAL SECURITY / MEDICARE
- SURVIVOR INFORMATION
- WELLNESS / HEALTH
