Tag Archives: One Big Beautiful Bill

New Federal Legislation Eliminates Income Tax on Social Security Benefits for Most Recipients

New Federal Legislation Eliminates Income Tax on Social Security Benefits for Most Recipients

NORTH CAROLINA —- The Social Security Administration announced that new federal legislation will eliminate income taxes on Social Security benefits for approximately 90% of recipients, marking a significant change in how retirement benefits are taxed. Details of the Tax Relief Package The legislation, known as the One Big, Beautiful Bill, removes the federal income tax…read more »

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