According to the SSA, recipients will pay federal income taxes on their benefits if their combined income (50% of their benefit amount plus any other earned income) exceeds $25,000/year filing individually or $32,000/year filing jointly. Instead of no tax on social security, the bill includes other tax relief for seniors.

On May 22, the House of Representatives passed the One Big Beautiful Bill, otherwise known as the Budget Reconciliation Act, with a vote of 215 to 214 with 1 “present” vote. The heart of the 1,000+