Millions May Not Receive Boost For Over A Year

Social Security Payments: Millions May Not Receive Boost For Over A Year
Millions of Social Security recipients impacted by the Social Security Fairness Act could have to wait up to a year for their benefits to increase, the Social Security Administration (SSA) has said. In January,
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments, agency says
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
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 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.
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.
How the Social Security Fairness Act could boost your benefits up $360 soon
The Social Security Fairness Act is set to significantly increase benefits for many public service workers by eliminating outdated rules. If you qualify, you might also receive back payments for 2024.
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 Law will bring and the impact it could have on retirees.
The Savings Game: How the repeal of WEP and GPO will be implemented
President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the ...
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Public Retirees’ Big Win — and What Might Happen Next
As 2024 came to a close, the White House and Congress approved big giveaways to two subsets of state and local government ...
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.
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 ...
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 ...
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 ...