Showing posts with label Social Security 2026. Show all posts
Showing posts with label Social Security 2026. Show all posts

Sunday, December 28, 2025

3 things retirees must know now about Social Security in 2026

Title: 3 things retirees must know now about Social Security in 2026

Article Snip: "Every retiree needs to read this to start preparing now. ...Tax rules on Social Security remain exactly the same as the rules that were in effect before the One Big Beautiful Bill Act. Benefits become partly taxable once:...Single filers have a provisional income of $25,000 or higher (provisional income is all taxable income, some non-taxable income, and half of Social Security retirement benefits)...No change was made to these thresholds.

The Trump administration created a separate $6,000 deduction per retiree to add to the standard deduction. It’s in effect through 2028, and it will reduce tax bills for more seniors overall
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Reference: The Street