A $6,000 senior tax break is drawing praise and criticism as experts warn of solvency risks while officials highlight modernization.

Roughly 1 million South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026. The One Big Beautiful Bill

Roughly 100,000 Wyoming retirees are expected to benefit from a new federal deduction that eliminates taxes on most Social Security income.

Consider Social Security. The White House issued a statement on July 1 saying that "Under the One Big Beautiful Bill, the vast majority of senior citizens — 88% of all seniors who receive Social ...

Roughly 200,000 retirees in South Dakota are expected to benefit from a new federal deduction that exempts most Social Security income from taxes starting in 2026. The One Big Beautiful Bill

President Donald Trump claims nearly 275,000 illegal immigrants have been removed from the U.S. Social Security system following his signing of the “One Big Beautiful Bill.” Speaking to supporters, Trump touted the measure as both a senior citizen tax relief initiative and a step to protect benefits from what he called “fraudulent claims.

President Donald Trump will speak on Thursday to commemorate the 90th anniversary of Social Security, over a month after signing the “big, beautiful bill” that deducts taxes on senior citizens’ retirement benefits.