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Trump, Social Security

Does Trump’s new ‘big beautiful bill’ change the age at which older Americans should start claiming Social Security?
The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older. The deduction could be up to $6,000 for an individual tax filer and up to $12,000 for a married couple if both spouses qualify.
This new tax break is worth up to $2,000 under Trump’s ‘big beautiful bill’ — here’s how to claim it
President Donald Trump’s ‘big beautiful bill’ added a new tax break for charitable gifts worth up to $2,000. Here’s the best way to claim it.
Although Trump's age is above the FRA, he has not yet claimed his Social Security payments
Despite being eligible for maximum Social Security benefits, Donald Trump has yet to claim them. This decision highlights a common misconception about political figures and their participation in the Social Security system.
How one tax change in Trump’s ‘big beautiful bill’ that even Gov. JB Pritzker supports will work
A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker and many other Democrats supported.
Social Security predicted to run out of money sooner due to Trump bill
One organization warns that a dual-earning couple retiring in 2033 could experience a Social Security trust fund cut of $18,100.
When Social Security Runs Out Of Money, What Happens To Your Benefits?
Doug and Lee explain Social Security’s looming funding shortfall, possible policy responses, and the importance of incorporating a benefit haircut into long-term retirement planning. The post When Social Security Runs Out Of Money,

CT legislators weigh response to Trump’s mega spending and tax bill

Connecticut’s adherence to budget caps, dubbed “fiscal guardrails” by supporters, save hundreds of millions of dollars ...

Trump signs his tax and spending cut bill at the White House July 4 picnic

President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.
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Trump Tax Bill: New Student Loan Plan Could Increase Debt by Up to $50,000

The 'great and beautiful bill' by President Donald Trump has revised the so-called Standard Repayment Plan for federal student loan borrowers.

Republicans tout Trump tax cuts as CBO warns again of 'big, beautiful bill' cost

Both chambers of Congress are in August recess, and Republican lawmakers are using the time to promote the tax cuts passed in ...
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Trump's 'big beautiful bill' will add trillions to the national debt, expert warns

Committee for a Responsible Federal Budget President Maya MacGuineas discusses tariff revenue and how President Donald ...
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Who really loses on Donald Trump's Big Beautiful Bill SALT Deductions

A new tax overhaul offers larger child credits and standard deductions, but many upper-middle-class earners may end up with less than before.

Will Trump's big tax bill help or hurt you? Why it could depend on your income

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse off,' per a new analysis.