Major Social Security Tax Reform Proposed for 2025 – How It Affects You

Major Social Security Tax Reform Proposed for 2025 – How It Affects You

Big changes to Social Security taxes may be on the horizon in 2025, with the Trump administration proposing measures to reduce the financial burden on retirees. These reforms, if enacted, could eliminate federal taxes on Social Security benefits while making adjustments to the payroll tax system. Eliminating Federal Taxes on Social Security Benefits Under current … Read more