What No Taxes on Social Security REALLY Means

There’s been a lot of talk about eliminating taxes on Social Security, but the real story is more subtle. In this video, Lance Miller, CFP®, explains the new 2025 tax rules, including how the Enhanced Senior Deduction works and who qualifies.

For retirees looking to reduce their taxable income, understanding how these changes apply to your situation is key. Compass Wealth Management helps clients turn tax law changes into real-world planning opportunities.

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This material is not intended to be relied on as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of October 22, 2025, and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by Compass Wealth Management to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. Past performance is no guarantee of future results. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. Investments involve risks.