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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.
Social Security Fairness Act: Retirees must wait to collect this money
The Social Security Fairness Act promises new benefits for 3.2 million Americans, but a lack of funding and staffing shortages may delay access to these funds for over a year.
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6h
Bill proposes overhaul of Social Security taxes
A new bill has been introduced in Congress that could significantly alter the Social Security payroll tax structure in the ...
3h
Social Security COLA prediction: Bad news for retirees in 2026?
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
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 ...
2d
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 ...
1d
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 ...
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.
Government Executive
2d
SSA: It could take more than a year to implement the WEP and GPO repeal
Though Congress acted on a bipartisan basis last year to pass legislation ending two controversial tax provisions that ...
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.
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