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Social Security benefitsGOBankingRates
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71% Informative
Donald Trump has proposed eliminating federal taxes on Social Security benefits.
The move — if Trump wins — could impact millions of retirees.
Trump would eliminate these taxes, which have been in place since the 1980s .
Currently, individuals pay them if combined income is more than $25,000 a year.
Removing these taxes would lower taxes by an average of $ 550 .
While waiting until after the election to claim Social Security benefits might seem appealing if these tax changes happen, it’s important to remember that policy changes are uncertain.
“Making retirement decisions based on what might happen could be risky,” said Devin Carroll , founder and lead advisor, Carroll Advisory Group .
VR Score
71
Informative language
71
Neutral language
69
Article tone
semi-formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
18
Source diversity
6
Affiliate links
no affiliate links