Who will have an increase in Social Security thanks to the changes in Social Security?
Before leaving the White House, former President Joe Biden signed the Social Security Fairness Act, ushering in significant changes for millions of Americans' economic security.
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.
Social Security Payments: Millions May Not Receive Boost For Over A Year
Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.
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 Provision and the Government Pension Offset.
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.
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments, agency says
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
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.
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.
Over 3 million on Social Security may wait more than a year for higher payments
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,
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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 ...
Beneficiaries under Social Security Fairness Act could be waiting ‘more than one year’ for adjusted payments, SSA says
The Social Security Administration, in an update to its website on Friday, said the department does not currently have the ...
The Savings Game: How the repeal of WEP and GPO will be implemented
President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the ...
Liz Weston: Government pension offset changes to Social Security are coming, but will take time
Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision ...