How Much of Your Social Security Is Taxed? 2025 Law + New Senior Deduction Explained

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There has been a lot of buzz around the new bill signed on July 4, 2025, with claims that Social Security benefits are no longer taxed. But is that really true? This video breaks down what the bill actually changes, including a new temporary deduction for seniors 65 and older (and when it starts phasing out), updates to the standard deduction, and the extension of lower federal tax rates.

You’ll also learn how to calculate whether your Social Security benefits are taxable and how much of them may be. Plus, I’ll share some high-level planning strategies to consider in light of these changes to help you make better decisions for your retirement.

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