Social Security benefits to rise, delays expected
The Social Security Administration (SSA) has announced that Social Security benefits for thousands of Americans will increase by up to $1,190 monthly. However, recipients may face delays of up to a year for the new adjustments to be implemented.
What is the Social Security Fairness Act? How does it affect my social security benefits?
For his last term in office former President Joe Biden sign a new social security measure to ehance benefits for millions of Americans.
What you need to know about the Social Security Fairness Act
On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, including firefighters, police officers and teachers. This law eliminates two controversial provisions – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — providing fairer Social Security benefits to millions.
A New Social Security Law That Will Boost Benefits for 3.2 Million Retirees Comes With an Unwelcome Surprise
The Social Security program is very complex and has many rules regarding who can claim benefits, when they can claim benefits, and how much they can claim. The Social Security Fairness Act eliminated two provisions called the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.
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").
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
Social Security Fairness Act Retroactive Payments and 2025 Increases Are Delayed
Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will see delays as the SSA manually adjusts benefits as a result of the Social Security Fairness Act.
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SSA faces year-long delays for new law
The Social Security Administration (SSA) has announced that it could take more than a year to fully implement the recently ...
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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 ...
Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
Learn how the Social Security Fairness Act may increase your retirement benefits by eliminating the Windfall Elimination ...
Rhode Island lawmakers call on Trump to implement Social Security Fairness Act
The Rhode Island congressional delegation called on the Trump administration to implement the Social Security Fairness Act ...
Your Social Security income may change because of a new rule
While Americans who have worked full-time and paid into the Social Security system for at least ten years are eligible for ...