How the Big Beautiful Bill Impacts Taxes on Social Security

Описание: During the 2024 presidential campaign, there was discussion of eliminating taxes on Social Security. However, this didn't make it into the "One Big Beautiful Bill Act." Instead, a new provision, being referred to as "the senior bonus deduction," was included in the new tax law as a compromise. In this video we explain these key changes and how they affect taxes on Social Security benefits.

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Ted Erhart, CFP®
Financial Planner
Anoka, Minnesota
https://www.norrislakeretirement.com/
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