• No Taxes on Social Security? What Trump’s Plan Means for Americans

  • Mar 12 2025
  • Length: 10 mins
  • Podcast

No Taxes on Social Security? What Trump’s Plan Means for Americans

  • Summary

  • In this video, Colin Exelby, CFP® breaks down Trump's plan for eliminating taxes on Social Security.

    Nearly 40% of retirees pay taxes on their benefits, despite contributing 12.4% of their income for years. Now, Trump is proposing to eliminate these taxes—potentially the biggest Social Security change in 40 years. But can America afford it? Will it actually happen?

    #SocialSecurity #Retirement #Trump #Taxes #PersonalFinance #Wealth #FinanceNews #Investing #MoneyMatters #TaxPolicy

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    [About] Colin Exelby is a Certified Financial Planner Professional™ or CFP®. He owns the virtual financial advisory practice Celestial Wealth Management.

    I provide financial planning for business owners and their families that makes sense.

    Transformational change is made when you focus on the big picture. My goal is to help you think outside the box about your life, your money, and your health to be the best you can possibly be.

    We strive to help you:

    *Optimize Your Cash Flow

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    Celestial Wealth Management LLC receives compensation from YouTube for the presence of advertising before, after, and during this video content. Celestial Wealth Management LLC does not control the content or presence of any advertisements. The presence of any advertisement does not constitute an endorsement of the ad, company, entity, or product by Celestial Wealth Management LLC.

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