Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
(Many) retired teachers are getting a raise thanks to the Social Security Fairness Act
Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will receive a higher benefit once the new rules go into effect.
3 Groups of People Who Could Get More Social Security in 2025 (and It's Not Because of the Cost-of-Living Adjustment)
Colorado and West Virginia are two of only a handful of states that tax the Social Security benefits of some of their residents. But both relaxed their laws slightly in 2025, which will enable some retirees to hold on to more of their checks.
Social Security prepares an adjustment with an increase for some retirees
In a groundbreaking move, the Social Security Administration (SSA) has announced a significant increase of $360 per month in benefits for millions of retirees and beneficiaries.
The 2025 Social Security Benefits boost for retirees: Who gets it?
This week, a select group of Social Security retirees in the United States will see their monthly payments rise to $5,000. Millions of beneficiaries will also experience a significant increase in their income,
This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By
Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including living paycheck to paycheck and having to pay for unplanned expenses. These obstacles can be challenging to overcome,
Social Security benefits to increase in 2025
Social Security will see some notable changes in 2025 that could impact millions of Americans. While the average benefit will increase, high earners may face a larger tax bill and retirees could find their cost-of-living adjustment falls short.
Everything You Need to Know About Social Security’s WEP and GPO
The Government Pension Offset, or GPO, was another provision that can significantly reduce Social Security benefits. GPO also ...
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Biden signs windfall elimination provision repeal into law
The Social Security Fairness Act ends both the WEP and the government pension offset, increasing the Social Security checks ...
New Social Security Law May Face Problems Under Trump—Economist
The Social Security Fairness Act was passed this month, effectively getting rid of the windfall elimination provision and ...
A Big Social Security Change Just Signed by President Biden Comes With Bad News for Retirees
The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits.
When will police, teachers receive raise from new Social Security Fairness Act?
Former Louisiana Congressman Garret Graves' Social Security Fairness Act repeals WEP and GPO penalties for millions of ...
Local public employees celebrate repeal of Social Security windfall provision
Kate Dias was still in Washington, D.C. on Tuesday morning, ostensibly because of a significant snowstorm that hit the nation’s capitol early this week, but she spent some time savoring a piece of ...
Grassroots effort, not Rep. Neal, spurred change in Social Security benefits (Letters to The Republican)
Though many unions signed on, the victory was really due to an enormous national grassroots campaign, begun by a retired ...
Billions in fishy Social Security payouts show why we need DOGE to stop fraud | Letters
In 1983, the Windfall Elimination Provision and the Government Pension Offset, which reduced Social Security payments for ...