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Big changes could be on the horizon for retirees this year. Find out how government actions might affect your financial future.
Trump’s proposals to eliminate federal taxes on Social Security benefits might transform retirees’ budgets, savings, and retirement planning. These shifts, combined with crucial decisions about trillions of dollars in expiring tax policies from the 2017 Tax Cuts and Jobs Act (TCJA) and other policy changes, make understanding how your retirement strategy might need adjusting crucial.