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The Economic Times

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Retirees may save $450 in 2026 under Trump tax cuts check if you are eligible

In 2026, retirees may save money on taxes with President Trump's new OBBBA law. Seniors 65 or older can claim extra deductions, lowering how much Social Security gets taxed. Married couples may save even more. Savings depend on income and eligibility. Some retirees could get up to $450 back, helping with healthcare and living costs.

13 Jan 2026 1:16 am