Social Security, Student loan
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Trump, Social Security and Federal Taxes
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T he first few months of President Donald Trump's second term have brought a flurry of Social Security changes that may have left you feeling anxious and a little confused. So far
Social Security faces a growing backlog of retirement claims that agency officials hope their remaining workers can clear with a little encouragement.
Retirees are paying the agency $100 for certified earnings records because "they're afraid of our systems going down."
Trump reversed former President Joe Biden's overpayment and recovery rules by implementing a 50% clawback rate on a person's monthly benefit until the overpayment is recovered in full. The president nominated Frank Bisignano to become the new SSA commissioner.
Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.