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Tax Relief for Seniors: Higher Thresholds for Social Security Benefit Taxation.

This act aims to reduce the tax burden on individuals receiving Social Security benefits. It increases the income thresholds above which these benefits are taxed, meaning more people will pay lower or no taxes on their Social Security income. The changes are set to take effect from 2026 and will be adjusted annually for inflation.
Key points
Higher income thresholds for taxing Social Security benefits, leading to lower taxes for many retirees.
New thresholds are $34,000 for single filers and $68,000 for married couples filing jointly.
Threshold amounts will be automatically adjusted for inflation starting in 2026 to maintain their real value.
The act ensures Social Security trust funds are not harmed, as revenue reductions will be covered by the Treasury.
Part of the funding for these tax reliefs will come from cuts in non-security discretionary government spending starting in fiscal year 2027.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_358
Sponsor: Sen. Blackburn, Marsha [R-TN]
Process start date: 2025-02-03
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

RETIREES FIRST Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_358.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-02-03.

What are the main provisions?

Key points include:

  • Higher income thresholds for taxing Social Security benefits, leading to lower taxes for many retirees.
  • New thresholds are $34,000 for single filers and $68,000 for married couples filing jointly.
  • Threshold amounts will be automatically adjusted for inflation starting in 2026 to maintain their real value.
  • The act ensures Social Security trust funds are not harmed, as revenue reductions will be covered by the Treasury.
  • Part of the funding for these tax reliefs will come from cuts in non-security discretionary government spending starting in fiscal year 2027.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Blackburn, Marsha [R-TN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Benefits