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.
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits for 2.8 million Americans that some say have had their checks unfairly reduced over the years. As a result, these seniors are now entitled to back pay. Here's what we know so far.
Understanding Changes in Social Security Fairness Act
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Social Security Fairness Act: What Will Happen to Your Benefits Now That It’s Become Law?
The Social Security Fairness Act (SSFA), which was recently signed into law by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from public pensions.
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 government retirees.
The Social Security Fairness Act: What we know so far
The Social Security Fairness Act eliminates the reduction of Social Security benefits based on your work record or the work record of your spouse or former spouse while entitled to a public pension from work not covered by Social Security,
How the Social Security Fairness Act will impact retirees
Founder and Wealth Advisor at VestGen Wealth Partners, appeared on the WGN Evening News to discuss the changes to social security under the Social Security Fairness Act. To contact Craig Bolanos, chec
First round of February Social Security payments go out in 20 days
Social Security payments typically begin on the second Wednesday of every month, and the following waves go out in the subsequent weeks.
biden signs Social Security Fairness Act
President Joe Biden recently signed the Social Security Fairness Act into law. This new legislation will have a big impact on retired teachers and other public sector workers. The law repeals two rules that have been in place for decades: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
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,
Third round of January Social Security payments goes out today
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments,
Persistence by local woman led to the passage of Social Security Fairness Act | Opinion
Just after midnight on the very last day of the 2024 Senate session, the Social Security Fairness Act was passed.
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As Social Security is set to be insolvent in 7 years, its future is 'disturbing' says economist
With the newest CBO estimate predicting the national debt will hit $52 trillion by 2035, Congress has two feasible options to ...
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Social Security Fairness Act Adds an Average $360 Benefit for Some: Will You Be Getting a Bigger Social Security Check?
If you are a current or former public sector employee or a survivor, spouse or ex-spouse of someone like that, you may ...
What the Social Security Fairness Act Means for You
Retirees with public pensions and their spouses are now eligible for their full Social Security benefits.
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The New Social Security ‘Fairness’ Act Is Neither Fair Nor Just
Aldeman: Giving some retirees extra funds will undermine the program's progressive nature, cost taxpayers billions, force ...
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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 ...
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Crystal Ward: Repeal of two Social Security provisions will have ‘profound impact’
I stood in front of my colleagues at the National Education Association Representative Assembly to fund efforts to repeal two unfair Social Security provisions — the Government Pension Offset and ...
2 Painful Social Security Changes to Brace for in 2025
Social Security. This is the amount of your annual income subject to Social Security payroll taxes if you're working. In that ...