#social-security-taxation
#social-security-taxation

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What $6,200 a Month Really Looks Like in Retirement at Age 67

Inflation and tax rules can erode a $617,000 retirement nest egg, requiring Roth conversions, withdrawal sequencing, and planning to preserve income over decades.

fromFast Company

4 weeks ago

Social Security checks could get a big tax break in 2026 from a new 'senior deduction.' What you need to know

Many Americans are likely to see massive changes to their taxes in 2026, especially seniors. That's largely due to President Donald Trump's so-called big, beautiful bill, a massive 940-page bill signed into law over the summer that includes an array of new tax write-offs but also fails to renew some previous deductions from the Biden administration. One change is a $6,000 deduction for seniors.

US politics

from24/7 Wall St.

4 months ago

SSDI Tax Thresholds Set in 1983 are Hurting Disabled Americans

Since 1983 the Social Security income-tax threshold of $35,700 remains unchanged, creating an unfair tax burden as inflation erodes its buying power.

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#social-security-taxation#social-security-taxation

What $6,200 a Month Really Looks Like in Retirement at Age 67

Social Security checks could get a big tax break in 2026 from a new 'senior deduction.' What you need to know

SSDI Tax Thresholds Set in 1983 are Hurting Disabled Americans

#social-security-taxation
#social-security-taxation