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Donald J. Trump and JD Vance hold campaign rally in Georgia, Atlanta, USA - 03 Aug 2024

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The move if Trump wins could impact millions of retirees.

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Seniors should not pay tax on Social Security, Trump posted on July 31 on Truth Social.

How Could Trumps Proposal Help Retirees?

People with low and moderate incomes should be exempt from paying tax on their benefits, AARP said.

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Against this backdrop, here are reasons why seniors should wait after the election to claim their benefits.

If President Trump wins, he will not take office until January of next year.

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