A Big Social Security Change Proposed by President-Elect Donald Trump May Be Bad News for Retirees

During his presidential campaign, Donald Trump signaled support for ending the decades-long practice of taxing Social Security benefits on several occasions. "Seniors should not pay tax on Social Security," Trump asserted on his social media platform in July. He then repeated the proposal in August during an interview with Fox.Trump will return to the White House later this month, and many Social Security recipients are undoubtedly hoping the president-elect can make good on his proposal. But ending the taxation of Social Security benefits may actually be bad news for retired workers. Read on to learn more.President-elect Donald Trump listens to a reporter. Official White House Photo by Andrea Hanks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool