Urges President and Congress to exempt Social Security benefits from federal income tax.

This resolution urges the President and Congress to exempt Social Security benefits from federal income tax. It highlights that nearly 90 percent of individuals aged 65 and older receive Social Security benefits, which represent about 30 percent of their total annual income. The resolution notes that the average monthly Social Security retirement benefit is about $1,900, equating to roughly $23,000 annually. It argues that exempting Social Security payments from federal income tax would provide greater financial security for those who rely on the federal social insurance program.

Urges President and Congress to exempt Social Security benefits from federal income tax.

This resolution urges the President and Congress to exempt Social Security benefits from federal income tax. It highlights that nearly 90 percent of individuals aged 65 and older receive Social Security benefits, which represent about 30 percent of their total annual income. The resolution notes that the average monthly Social Security retirement benefit is about $1,900, equating to roughly $23,000 annually. It argues that exempting Social Security payments from federal income tax would provide greater financial security for those who rely on the federal social insurance program.