The Big Beautiful Breakdown: No Tax on Social Security? Not So Fast.

In this emergency headline edition of Traction with the Tiger, host and Tax Tiger Chris Wittich cuts through the noise surrounding the much-hyped “no tax on Social Security” provision. Spoiler alert: that’s not actually what the law does. Chris breaks down the new $6,000 senior deduction, who qualifies, how it phases out based on income, and why it has nothing to do with whether you’re actually receiving Social Security benefits. If you’re 65 or older, or advising someone who is, this episode is essential listening.