Roughly 700,000 retirees in Louisiana are expected to gain from a new federal deduction that exempts most Social Security income from taxation starting in 2026. The One Big Beautiful Bill

Roughly 2.3 million Pennsylvania retirees are expected to benefit from a new federal deduction that exempts most Social Security from taxes.

Just before breaking for the July Fourth recess, Congress passed a massive new tax law with the kind of name only Washington could come up with: “The One Big Beautiful Bill.”