The One Big Beautiful Bill is a massive proposed tax and spending package loaded with initiatives that align with Trump’s agenda. As it’s currently written, the bill includes major changes to Medicaid, food stamps, border security, taxes and more that have the potential to affect millions of Americans.

Will the standard deduction increase cut taxes on Social Security benefits? For context, the estimated average monthly Social Security retirement benefit in January 2025 was $1,97

COLA increase might be just 2.4%—the lowest in years. Here’s how shrinking Social Security raises housing risks for retirees.