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Josephine Nesbit

Suze Orman: 2 Things To Know About the ‘Big Beautiful Bill’ and Social Security

Patsy Lynch / Shutterstock.com

President Trump’s “Big Beautiful Bill” is one of the largest tax cuts on the middle class in American history, according to the White House. While the BBB doesn’t eliminate the taxation of Social Security benefits, which Trump initially promised during his 2024 election campaign, it does include additional changes to help retirees reduce their taxable income.

Explore More: 3 Little-Known Social Security Rules That Could Save You Thousands

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