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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.
Social Security Fairness Act’s boosted payments to 3M public employees ‘could take more than 1 year’
President Biden signed the new law, which will boost Social Security retirement payments to police and firefighters, but now payments (though retroactive) will be delayed.
New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
The Social Security Fairness Act will boost benefits for 3.2M public workers once the agency can plow past multiple roadblocks. Here's what you need to know.
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.
1d
on MSN
Here are changes Americans would make to close Social Security's financing gap
Social Security benefits may be reduced in the next decade due to a financing shortfall. A new survey asks Americans how they ...
23h
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 ...
The Motley Fool on MSN
11d
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 ...
1d
on MSN
First round of February Social Security payments goes out in 13 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...
1d
on MSN
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.
3d
on MSN
What you need to know about Social Security changes
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner.
8d
on MSN
Social Security: What Changes Could Happen Under Trump?
Trump has pledged to end taxes on Social Security income, which could change payments for millions of Americans.
12d
on MSN
Social Security Benefit Cuts Are an Estimated 8 Years Away -- Here's How Much Your Monthly Check Would Shrink
Over the last 40 years, every Trustees Report has pointed to the program having a long-term funding obligation shortfall. In ...
2d
Trump freezes federal aid: What it means for Social Security, Medicare, universities and more
President Donald Trump has frozen $3 trillion in federal funds until his administration completes a full spending review.
24d
Social Security Update: Recipients to Get $4,320 in Backdated Payments
The Social Security Fairness Act is now law, and a year of backdated payments await nearly 3 million Americans.
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