Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
Fact checked by Vikki Velasquez In January 2025, former President Joe Biden signed the Social Security Fairness Act into law. The new legislation terminated two rules that reduced Social Security benefits for millions of retirees.
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 funding to execute the adjustments “in a timely manner and without negatively affecting day-to-day customer service.
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 Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under
Social Security Fairness Act: Will You Qualify for Back Payments?
The Social Security Fairness Act repeals two provisions that will give qualifying individuals more money and potential back payments. Here's what you should know.
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.
How the Social Security Fairness Act could affect you
Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new Social Security Fairness Act.
First round of February Social Security payments goes out in 16 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 16 days. Here is all you need to know about February’s Social Security payments,
First Social Security payments of 2025 coming soon; what to know in NJ
Over 162,000 New Jerseyans who are low-income, blind or disabled and rely on payments from the Social Security Administration will see their first paychecks for 2025 this week — and they will include a slight increase in funds.
Confirmed Social Security payments for February 2025: Find out what dates you will collect
The Social Security Administration (SSA) in the United States is renowned for its meticulous planning, especially when it comes to disbursing benefits. With the Cost of Living Adjustment (COLA) of 2.5% in effect from January,
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 ...
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 ...
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.
I’m a Finance Expert: Here’s What Social Security Reform Should Look Like
President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and ...
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 ...
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Teachers, firefighters, police officers: will everyone benefit from the Social Security Fairness Act?
The Social Security Fairness Act, enacted on January 5, 2025, marks a significant shift in benefits for over 3.2 million ...