The payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of ...
The recently passed Social Security Fairness Act will result in increases for workers who previously had benefits reduced due ...
The Government Pension Offset, or GPO, was another provision that can significantly reduce Social Security benefits. GPO also ...
Allworth Financial’s Amy Wagner and Steve Hruby, CFP ®, answer your questions. If you, a friend, or someone in your family ...
The Office of the Inspector General for the Social Security Administration (SSA) said that the agency disclosed it “made more ...
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 ...
With the stroke of a pen, two Social Security provisions nationwide have been eliminated, as President Joe Biden signed H.R. 82 into law on Sunday, January 5.
Millions of Americans will now see their Social Security ... abolishes the Windfall Elimination Provision (WEP) and ...
The WEP and GPO formulas used by the Social Security Administration to calculate benefits are imperfect, he said, but there are ways to improve them without completely repealing the provisions.
If you’ve been affected by the WEP and GPO, it’s crucial to assess your Social Security benefits. Contact the Social Security Administration to see if there will be changes to your benefits.
“This landmark legislation represents a significant victory for public safety officers and government employees, as it repeals the unfair Windfall Elimination Provision (WEP) and Government ...