White House Press Release - The One Big Beautiful Bill Delivers on President Trump's Promise of No Tax on Social Security

Overview

• The One Big Beautiful Bill (OBBB) delivers on President Trump's promise of No Tax on Social Security.

• The bill includes the largest tax break in American history for our nation's seniors:
  • 88% of seniors receiving Social Security benefits will pay no tax on their benefits under the OBBB as a result of their total deductions exceeding their taxable Social Security benefits.

• The deductions ensure that seniors who earned their Social Security through years of hard work get more money back in their pockets.