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Proposed Bill Could Change How Some Social Security Benefits Are Taxed

Proposed Bill Could Change How Some Social Security Benefits Are Taxed

A bipartisan proposal in Congress could change how certain Social Security benefits are taxed, particularly for some retired public sector workers. The bill, known as the No Tax on Restored Benefits Act, focuses on retirees who recently received retroactive Social Security payments after older benefit reduction rules were removed. Supporters say the goal is to … Read more