Posted on Thursday, 13th February 2025 by Dennis Damp
Approximately 50% of retirees pay taxes on their Social Security benefits, compared to less than 10% in 1984! Thomas Massie (R-KY) reintroduced H.R. 1040, the Senior Citizens Tax Elimination Act. It was referred 02/06/2025 to the House Committee on Ways and Means. This bill assists seniors by eliminating the double tax on Social Security benefits. […]
Tags: Social Security, Social Security Tax Elimination, Social Security Taxes on Income, Taxes, Taxes on Social Security
Posted in
- ANNUITIES / ELIGIBILITY
- BENEFITS / INSURANCE
- ESTATE PLANNING
- FINANCE / TIP
- RETIREMENT CONCERNS
- SOCIAL SECURITY / MEDICARE
- SURVIVOR INFORMATION
