The Social Security Administration caused a stir over the weekend after issuing a statement saying that the Republican legislation known as the One Big Beautiful Bill would eliminate taxes on benefits for a majority of beneficiaries,

The President promised no taxes on Social Security. The OBBBA keeps that promise for some taxpayers. It is not, however, a blanket (or permanent) exemption.

Another round of Social Security payments is set to be distributed this week to beneficiaries across the U.S. Why It Matters The Social Security Administration provides monthly retirement, disability,