Game-Changing Social Security Boost For Teachers & Public Workers
The Social Security Fairness Act eliminates two provisions, the WEP and the GPO, that have been penalizing a sizable portion of the workforce for more than four decades.
When will police, teachers receive raise from new Social Security Fairness Act?
Former Louisiana Congressman Garret Graves' Social Security Fairness Act repeals WEP and GPO penalties for millions of government retirees.
This Was the Average Social Security Benefit in 1984, and Here's What It Is Now
In 1984, the average benefit was just $460.57 per month. It's steadily gone up over time, with today's retirees earning an average payment of $1,925.46 per month, as of November 2024.
Social Security update for 2025: Increase in cost of living means higher benefits
Almost all Social Security beneficiaries are familiar with the most popular and publicized change: the increase in monthly benefit checks for 2025 due to the automated cost-of-living adjustment, or COLA. As you already know, that increase will be 2.5%.
Social Security Fairness Act opens access to benefits for public employees
According to a news release by U.S. Senator Bill Cassidy, the Social Security Fairness Act ensures that public sector workers and their families in Louisiana will receive their full Social Security benefit.
Social Security Benefits to Change Under New Bill: Here's Who's Impacted
If passed, new legislation would allow disabled Americans to marry without losing Supplemental Security Income (SSI) benefits.
What the Social Security Fairness Act Means for You
Retirees with public pensions and their spouses are now eligible for their full Social Security benefits. Just two weeks before leaving the White House, President Biden signed the Social Security Fairness Act of 2023 into law on Jan.
Social Security Fairness Act Could Boost Retirement Checks by $360
Retirement security has taken a major step forward for public sector pensioners following a significant reform of the US Social Security system. The approval of the Social Security Fairness Act in 2024 marks a historic victory by eliminating two long-standing and contentious provisions,
Biden signed a big Social Security change into law — are you affected? Here's what you can do if it impacts you
U.S. President Joe Biden signed the Social Security Fairness Act into law on Jan. 5., increasing the ability of retired public service workers who receive pensions to access Social Security benefits.
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Third round of January Social Security payments goes out in six days
Retirees born on or after the 21st of a month will receive their payments on Jan. 22. Social Security payments typically ...
Worried about Social Security's future? Here's what experts say to consider before claiming benefits
A new law adds to Social Security's benefit costs at a time the program's funding is already running low. Here's what that ...
US recovers $31 million in Social Security payments to dead people
The U.S. government has clawed back more than $31 million in Social Security payments that improperly went to dead people.
How About We Delay Social Security In Return For A Delayed 401k Tax?
In return for America’s workers voluntarily delaying their earliest Social Security benefits from 62 to 72, the volunteers ...
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Your Social Security Benefits Aren't Guaranteed. Here's How You Could Lose Them
Millions of Americans rely on Social Security benefits, and the program is something millions more look forward to when they ...
Bridging the gap to Social Security with an annuity: How it works
For early retirees, using an annuity is one way to bridge the years between leaving the workforce and claiming Social ...
A Big Social Security Change Just Signed by President Biden Comes With Bad News for Retirees
The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits.
Suze Orman warns Americans on Social Security about a big problem
Personal finance media personality Suze Orman now shines the light on one huge miscalculation retired Social Security ...