Will this new tax rule really help your Social Security?

If you're above 65 (still working or retired), you may have heard about the new senior tax deduction that’s effective from 2025.

They’re calling this the #1 tax break for working seniors.

On paper, it sounds like a big deal:

💵 An extra $6,000 tax deduction if you're single

💵 Or $12,000 if you’re filing jointly with your spouse

But here’s what I noticed after reading the fine print 👇

It’s a deduction, not a tax credit.

So it only helps if you’re earning enough to begin with.

If you’re retired, or have a low-income, this won’t make much of a difference.

And here’s something almost no one is talking about…

If this new rule reduces how much tax is collected overall, it could affect future Social Security funding.

That’s the money seniors rely on later in life.

So while the deduction might help right now, it may quietly take a toll in the long run.

I’m not saying it’s bad news, just that it’s not as “big and beautiful” as it’s being pitched.

If you’re unsure whether it’ll actually benefit you, or if you want to plan ahead so it doesn’t affect your Social Security,

Call me at (702)904-8768

We’ll go over what income counts, what this deduction can realistically save you, and how to make the most of it without risking your future checks.

That’s all for today!

Stay tuned for more updates,

Kat Ching, Enrolled Agent