The consolation prize retirees received from the One Big Beautiful Bill is arguably a bigger win than ending the tax on benefits.

Many Americans received an email from the Social Security Administration applauding the megabill's passage. Experts say it was misleading.

The Social Security Administration said the bill ensures most Social Security beneficiaries will no longer pay federal income taxes on their benefits. Instead, the bill provides a temporary tax deduction some are calling a "senior bonus.