Not accurate. Pertaining to federal tax on SS income, if you don't make enough to pay federal taxes then nothing changes. If you make enough to owe federal taxes (SS income and other retirement income) then it applies IF you are middle income, NOT high income.
"The new deduction will reduce taxable income by up to $6,000 for eligible taxpayers. The provision applies to people who are at least 65 at the end of 2025. Individual filers with a modified adjusted gross income (MAGI) up to $75,000 or married couples filing jointly with a combined MAGI of up to $150,000 can claim the full $6,000. Individuals with incomes of up to $175,000 for single filers or $250,000 for married couples can claim a reduced deduction."
What effects every SS recipient is the COLA raise of 2.8% and the standard monthly premium for Medicare Part B, which covers doctor visits and other outpatient care, will climb in January from $185 to $202.90, a 9.7 percent increase.
Don’t get me wrong. I’m happy anyone is getting a benefit. I’m just angry they are IMPLYING that everyone on SS will get a benefit from this because it’s just not true.