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New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension").
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the reduction in Social Security benefits he receives because he also has a pension.
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.
2h
on MSN
Dave Ramsey bluntly warns Americans on Social Security, poverty
In 2024, approximately 171 million American workers paid Social Security taxes, and nearly 72.9 million Americans received ...
10h
on MSN
First round of February Social Security payments goes out in 13 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age ...
2d
on MSN
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 ...
9h
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
10h
on MSN
Social Security could owe you thousands of dollars. Here’s how to check.
The Social Security Fairness Act increased benefits to millions more retirees, including some who never claimed them.
12h
on MSN
Social Security prediction: Next year’s hike could be a shock for retirees
An early prediction for next year’s Social Security Cost of Living Adjustment shows retirees could be in for a shock.
1d
on MSN
Worried About How President Donald Trump's Social Security Plans Could Affect Your Retirement? Do These 4 Things to Prepare Now.
Those who are unable to work in retirement may be eligible for other government benefits, depending on their income.
7h
on MSN
The Social Security Administration’s new boss is an unmatched operator—and now the second biggest business figure in Trump-land
He's known as a Jamie Dimon protegé, a 9/11 hero, and an operational expert. Now Fiserv's Frank Bisignano can add government ...
1d
on MSN
Social Security payment this week: Up to $967 to be sent out
The maximum monthly SSI benefit for 2025 is $967 for an individual and $1,450 for a couple, compared to $943 and $1,415, ...
16h
on MSN
Are You Taking Social Security and Worried About the Federal Funding Freeze? Here's What You Need to Know.
An important footnote in the memo calling for a federal funding freeze exempted Social Security. The White House subsequently ...
2d
on MSN
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 ...
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