Social Security, Trump and tax deduction
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IRS has shrunk by 25%, mostly through voluntary separation incentives, while the Social Security Administration plans to shed 7,000 employees this fiscal year.
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Money Talks News on MSNSweeping Changes Hit Social Security: What's Being CutThe Social Security Administration is experiencing its biggest shake-up in years under the new administration.
The latest projections suggest President Donald Trump's tariff and trade policies will alter Social Security checks in the upcoming year.
Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the one the president promised on the campaign trail last year.
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Money Talks News on MSN2033 - Social Security to Be Cut by 23% and Medicare Hospital Coverage by 11%Your retirement security is at risk as government data shows major trust fund depletion in just eight years. Social Security recipients could see monthly payments slashed from $1,000 to $770 starting 2033.
Earlier this year, President Donald Trump signed an executive order that will end the practice of paper checks being issued for government issued payments.