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.
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.
Social Security's max $5,108 benefit is hard to get. Here's what to focus on instead.
In 2025, the maximum monthly benefit Social Security will pay is $5,108. To be clear, though, that's higher than the program's maximum benefit at full retirement age this year. Those looking at $5,108 a month in Social Security need to delay their claims until the age of 70 to lock in payments that high.
Unemployment benefits: Can they be combined with Social Security benefits?
Facing unemployment as you near retirement can be daunting, but understanding your options can provide a financial safety net. You may qualify for both unemployment insurance and Social Security benefits simultaneously.
The Average Benefit of Social Security's Oldest Recipients Might Surprise You
Some of Social Security's oldest beneficiaries receive checks for close to 40 years. They don't receive the largest monthly benefits, though. Understanding the factors that affect your checks can help you optimize your lifetime benefit.
These Retirees Definitely Should Not Delay Their Social Security Claim
Key Points If you are collecting Social Security spousal benefits, you shouldn’t delay beyond FRA. You don’t earn delayed retirement credits with spousal benefits. The higher-earning spouse should usually keep working as long as possibele.
Social Security Bill Could See End to 'Double Tax' on Recipients
A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...
Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
improving their financial stability during retirement. The Social Security Fairness Act significantly changes how Social Security benefits are calculated for certain public sector ...
The Savings Game: Answering questions about the Social Security Fairness Act
Q. I receive a survivor benefit based on my husband’s work under Social Security. I receive a pension from my work as a ...
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What the Social Security Fairness Act Means for You
Just two weeks before leaving the White House, President Biden signed the Social Security Fairness Act of 2023 into law on Jan. 5, 2025. This new law repeals two Social Security clawbacks ...
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Social Security Fairness Act Adds an Average $360 Benefit for Some: Will You Be Getting a Bigger Social Security Check?
On January 5, 2025, President Joe Biden signed the Social Security Fairness Act into law. The act increases the ability of millions of retirees to claim government retirement benefits. It ...
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A Game-Changing Social Security Boost For Teachers And Public Workers
The Social Security Fairness Act eliminates two provisions that have ... spent decades contributing to the state’s Teacher Retirement System. She receives a $3,300 monthly pension but has ...
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Everything You Need to Know About Social Security’s WEP and GPO
The WEP, enacted in 1983, was a reform that was intended to even the Social Security playing field. In 2024, it was repealed by the Social Security Fairness Act. The Social Security ...