Millions of seniors will see smaller Social Security checks starting in July as the Social Security Administration begins to collect past overpayments. Additionally, President Trump’s new tax legislation includes a $6,000 tax deduction for seniors aged 65 or older.
Yahoo Finance Senior Columnist Kerry Hannon and Retirement Daily editor Robert Powell — who also hosts Yahoo Finance’s Decoding Retirement podcast — answer readers’ questions about Social Security repayments and the new tax deduction.
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