Social Security Fairness Act: More Money and Back Payments for Qualifying Recipients
The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments. Here's what we know so far.
Social Security Update: Payments of Up to $5,108 to Be Paid This Week
Retirees who stop working at the Full Retirement Age, currently set at 67, can receive a maximum benefit of $4,018 per month. If benefits are claimed at the earliest possible age of 62, that maximum payment drops to $2,831.
Third round of January Social Security payments goes out today
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.
5 Things Seniors Should Know About Social Security and COLA Before They Retire
According to a recent Social Security COLA survey by The Motley Fool that asked 2,000 retirees about the COLA, 81% of retirees say that the 2025 COLA will not help them keep up with their essential living expenses. And it isn't hard to see why.
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.
The Social Security Fairness Act is a terrible piece of legislation — here’s how to fix the problem
The Social Security Fairness Act, signed by then-President Biden on Jan. 5, is a terrible piece of legislation. It simply gives away money to some state and local workers — those who will now benefit unfairly from the progressivity of the system’s benefit formula and from benefits designed for nonworking spouses.
Social Security Fairness Act sparks budget debate
The Social Security Fairness Act, recently signed by President Joe Biden, has eliminated the Government Pension Offset and Windfall Elimination Provision rules. The act aims to enable Americans to retire with economic security and dignity.
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
Retiring on Social Security Alone in 2025? Here's the Monthly Income You May Be Looking At
If you're coming up on your retirement date without a lot of money in savings, you're not alone. Many people struggle to ...
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 ...
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How to Withdraw From Social Security Benefits and Why You'd Want To
If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead ...
I'm Not Counting on Social Security COLAs to Carry Me Through Retirement. Here's What I'm Doing to Combat Inflation Instead
One of Social Security's best features is that its benefits are adjusted for inflation annually -- via cost-of-living ...
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Ryan says temporary closure of Poughkeepsie Social Security office will cause hardship
The city’s Social Security Administration Office is temporarily closing due to renovations and causing significant ...
Persistence by local woman led to the passage of Social Security Fairness Act | Opinion
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
Has Congress Stolen Trillions From Social Security? The Answer Is Clear as Day.
The answer is clear as day that Congress didn't steal from Social Security's trust funds. If you want to know what's really ...