600,000 Retirees in Oklahoma Qualify for the 'Senior Deduction' Under Big, Beautiful Bill
The OBBBA senior deduction can eliminate federal tax on Social Security for roughly 600,000 Oklahoma retirees and raise total deductions for qualifying seniors.
Trump Administrations New Tax Rule Puts Social Security at Risk
A new $6,000 senior standard deduction boost in 2026 increases short-term senior tax savings but accelerates Social Security trust fund depletion by roughly six months.