Social Security benefits are a source of income for 68 million seniors, totaling more than $1.5 trillion in payouts annually, according to the Social Security Administration (SSA). So, the fact

Your full retirement age (FRA) is when you're eligible to receive your base monthly Social Security benefit, called the primary insurance amount (PIA). Beginning in 2025, the FRA has increased to 66 years and 10 months for people born in 1959. This is a two-month increase from the FRA of people born in 1958.

May 5 to 10 marks just one of two weeks this year in which no scheduled benefits are being distributed, according to the Social Security Administration (SSA)'s 2025 payment calendar. Some 68.5 million Americans receive Social Security checks of some kind, according to SSA figures from 2024.

Most U.S. adults said Social Security benefits shouldn’t be reduced in any way – a view broadly shared across ages, racial and ethnic groups, partisan affiliations and income brackets.

But there's just one problem with Trump's 'One, Big, Beautiful Bill' — it completely breaks his Social Security promise.

Social Security's trust fund is in danger of insolvency by 2035 unless strong measures and changes are undertaken.

This deduction would likely benefit people who earn modest incomes. The lowest-earning seniors already pay no federal income taxes, so they wouldn’t benefit. The highest earners make too much to qualify.

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.