Social Security Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under the new law,
What you need to know about the Social Security Fairness Act
On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, including firefighters, police officers and teachers. This law eliminates two controversial provisions – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — providing fairer Social Security benefits to millions.
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
Social Security Fairness Act: Will You Qualify for Back Payments?
The Social Security Fairness Act repeals two provisions that will give qualifying individuals more money and potential back payments. Here's what you should know.
Social Security boost may take more than a year for many Americans
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
Are you a public employee? Here's what to know about getting that Social Security boost
Hundreds of thousands of public employees − including at CSU and Poudre School District − stand to get a Social Security boost from a federal change.
How the Social Security Fairness Act could boost your benefits up $360 soon
The Social Security Fairness Act is set to significantly increase benefits for many public service workers by eliminating outdated rules. If you qualify, you might also receive back payments for 2024.
Are You Eligible for the 2025 Maximum Social Security Benefits? Find Out Now
Fact checked by Giselle Cancio Social Security is many people's primary source of income after retirement, but not everyone ...
2 Social Security changes that could hurt you financially, if you're still working
One positive aspect of Social Security is that the program is set up to adapt to economic changes. Each year, for example, ...
Here's How Much Money Social Security Needs to Avoid Benefit Cuts in 2035
Social Security only has nine years left until it becomes insolvent, and in light of the Social Security Fairness Act's ...
There are 9 states in America that will tax Social Security benefits in 2025 — do these 3 things ASAP if you live in one of them
On the state level, though, the rules are different. A total of 41 states don't tax benefits, but nine do. If you live in one ...
How does social security work and is it taxable?
Social security benefits get talked about a lot in the U.S. but have you wondered how the benefits work and if they are ...
Here's the Average Social Security Benefit at Ages 62, 66, and 70
Regardless of whether you have just entered the labor force or left it a long time ago, there's a high probability you'll ...
Social Security Benefits To Change for Thousands Under New Proposals
Tens of millions of Americans receive Social Security benefits every month, with some 40 percent of them paying federal income taxes on their entitlements. Only nine states have a state-level levy on ...
How Much Could Trump’s Social Security Pick Impact Your Benefits? What to Expect in 2025
President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for ...