Social Security also goes through changes every year, and some of them can have a meaningful effect on your retirement income ...
Over the last 40 years, every Trustees Report has pointed to the program having a long-term funding obligation shortfall. In ...
The Government Pension Offset, or GPO, was another provision that can significantly reduce Social Security benefits. GPO also ...
As 2025 unfolds, understanding the latest Social Security updates is crucial for everyone, not just retirees. From increased ...
The Social Security Fairness Act repeals WEP and GPO, two provisions that reduce or eliminate Social Security benefits for ...
The Government Pension Offset reduces survivor or spousal benefits if a person’s pension is non-covered. This affects fewer people, but it cuts the Social Security benefit by two-thirds of the pension ...
The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also ...
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses and survivors. The outgoing president said more than 2.5 million Americans ...
Two provisions have been eliminated that reduced Social Security benefits for public workers who receive pensions. Here’s ...
The Government Pension Offset follows a similar principle. It limits Social Security spousal benefits (those paid to a spouse based on their living spouse’s work and payroll tax history ...
The Government Pension Offset law said that government pensions should offset any Social Security spousal benefits potentially due, just as Social Security retirement benefits have always offset ...