Social Security Payments: Millions May Not Receive Boost For Over A Year
Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.
Higher Social Security Benefits Under New Law Delayed—How Long Will You Have To Wait?
Retirees looking forward to increased benefits because of the Social Security Fairness Act may now have to wait more than one year due to reduced funding for the Social Security Administration (SSA).
New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension").
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the reduction in Social Security benefits he receives because he also has a pension.
Are You Eligible for the 2025 Maximum Social Security Benefits? Find Out Now
The year you were born, how much you've worked, and the year you claim your benefits determine how much you receive, but very few will qualify for the maximum benefit.
This Is the Average Social Security Benefit for Age 75
For most of us, that age is between 66 and 67. If you start collecting your benefits earlier (as early as 62), your checks will be smaller, but you'll collect many more of them. Delaying beyond your full retirement age will beef up your checks by about 8% for each year until age 70.
How are Social Security benefits impacted when you retire before full retirement age?
Ken and Rick discuss the pros and cons of retiring early and how this can affect social security benefits and taxes.
How long will it take for Social Security raises with new law for teachers, police?
Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as quickly as possible.
Over 3 million on Social Security may wait more than a year for higher payments
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments: agency
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
When will your pension increase due to the Social Security Fairness Act?
The Social Security Fairness Act, enacted during the final days of Joe Biden's presidency, promises full Social Security benefits to government employees, impacting 3 million retirees.
3 Positive Social Security Changes That Arrived in 2025
Social Security benefits are eligible for a cost-of-living adjustment (COLA) each year so that they have a chance to keep up ...
Social Security prediction: Next year’s hike could be a shock for retirees
An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.
Social Security boost may not come for 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.
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
Here’s a proposal to fix Social Security that we could enact today
Read: Waiting until age 70 to claim Social Security gets you a lot more money. Here’s why so few people do it. The proposal reflects Primus’s extensive knowledge of both polic ...