logo
welcome
Moneywise

Moneywise

No taxes on Social Security checks? Here’s what Trump’s campaign promise could mean for American retirees in 2025 (and beyond)

Moneywise
Summary
Nutrition label

78% Informative

In 2024 , Social Security benefits are subject to federal taxes for individuals with combined income of over $25,000 ($ 32,000 for married couples filing jointly) Currently, only about 40% of Social Security recipients pay federal taxes on their benefits.

Low-income retirees, whose combined income falls below the $ 25k threshold, already enjoy tax-free benefits.

VR Score

78

Informative language

76

Neutral language

33

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

13

https://moneywise.com/retirement/maximum-social-security-benefit?utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_9ab08dab-38a4-4fb6-bda6-dd67a53a11bbhttps://moneywise.com/insurance/auto/official-car-insurance-finds-you-the-lowest-rates-in-minutes?throw=DM2_streamline_retirement_news&placement_syn=placement_1&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_59fb76bc-70bf-4c33-8e70-339846a2fbf7https://taxpolicycenter.org/taxvox/trumps-social-security-benefit-tax-repeal-would-lower-taxes-accelerate-program-insolvencyhttps://www.crfb.org/blogs/what-would-trump-campaign-plans-mean-social-securityhttps://www.cnbc.com/2024/11/06/trump-promised-no-taxes-on-social-security-benefits-here-what-experts-say.htmlhttps://moneywise.com/investing/alternative-investments/hedge-your-portfolio-with-commercial-real-estate?throw=DM1_streamline_retirement_news&placement_syn=placement_1&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_bdc41777-bf47-4e3d-8b04-cc0e633fd50chttps://moneywise.com/insurance/life/how-to-create-a-financial-safety-net-for-your-family?throw=WTRN3_streamline_retirement_news&placement_syn=placement_3&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_4fedb1f7-19fa-4dc4-8fbb-0af7ec57ae82https://moneywise.com/insurance/auto/official-car-insurance-finds-you-the-lowest-rates-in-minutes?throw=WTRN1_streamline_retirement_news&placement_syn=placement_3&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_f005e0e2-2358-4b4a-a6a5-08897e1b13d7https://cbsaustin.com/news/beyond-the-podium/social-security-trump-tax-cuts-bankrupt-insolvent-donald-j-trump-next-president-presidential-election-committee-for-a-responsible-federal-budget-eliminate-income-taxes-illegal-immigrants-vice-president-kamala-harrishttps://moneywise.com/real-estate/real-estate/fundrise-private?throw=DM3_streamline_retirement_news&placement_syn=placement_1&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_ee5e7d41-eda5-44b1-9036-f2900c09b387https://moneywise.com/investing/alternative-investments/ways-to-hedge-against-high-inflation?throw=HALF_streamline_retirement_news&placement_syn=placement_2&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_59a7afda-1050-450c-8f4d-be5f692c8d61https://moneywise.com/managing-money/how-to-earn-money/5-money-moves-to-make-now?throw=WTRN2_streamline_retirement_news&placement_syn=placement_3&utm_source=syn_msna_mon&utm_medium=Z&utm_campaign=82567&utm_content=syn_35597c18-f5c2-4f9b-b980-b9f0529adbd3https://www.cbsnews.com/news/trump-social-security-income-tax-cut-here-is-the-impact-on-benefits/0

Affiliate links

no affiliate links