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 first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...
One positive aspect of Social Security is that the program is set up to adapt to economic changes. Each year, for example, ...
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner.
You may be inclined to delay your Social Security claim if you like the sound of that. But you should know that there's a ...
Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision ...
Social Security benefits form the bedrock of income for millions of Americans—and those who claim Supplemental Security Income (SSI) will be paid this week. Adults and children with disabilities, or ...
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Social Security has two other funding sources: benefit taxes on some seniors and interest income earned on money in the ...
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