Retirees have a reason to celebrate this April, as over 3 million Social Security beneficiaries will see an increase in their monthly payments. Thanks to the Social Security Fairness Act, signed by former President Biden in January, certain groups of workers—such as teachers, firefighters, and police officers—will receive higher benefits. This law removes previous rules … Read more
The Social Security Fairness Act, signed into law on January 5, 2025, is a significant victory for public servants, including teachers, police officers, and firefighters. This law eliminates the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)—two rules that previously reduced or eliminated Social Security benefits for retirees with public pensions. While this change … Read more
Millions of Americans are set to receive retroactive Social Security payments thanks to the Social Security Fairness Act, which was signed into law on January 5, 2024. This landmark legislation eliminates the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), two rules that previously reduced benefits for individuals receiving pensions from non-covered employment. … Read more
Millions of Americans just scored a major financial win. Thanks to the Social Security Fairness Act, retirees who previously had their benefits reduced due to outdated provisions will now receive higher monthly payments. Signed into law by President Joe Biden on January 5, 2025, this new legislation eliminates the Windfall Elimination Provision (WEP) and Government … Read more
In a landmark move, President Joe Biden has signed the Social Security Fairness Act into law, bringing long-awaited reforms to millions of retirees. This historic legislation eliminates two controversial provisions that previously reduced Social Security benefits for public-sector workers and their families, marking a significant step toward economic fairness and dignity for retirees. Let’s look … Read more
The Social Security Fairness Act has gained significant momentum, passing the House of Representatives with bipartisan support and backed by over 60,000 signatures on a petition urging Congress to act. However, the bill’s success hinges on Senate approval. Let’s look into the proposed changes and their potential impact. Social Security Fairness Act The Act seeks … Read more
Social Security is a lifeline for millions of Americans, particularly seniors who rely on it as their primary source of income. However, the annual Cost of Living Adjustment (COLA) meant to protect purchasing power often sparks debates about its adequacy. In 2025, a modest 2.5% increase in Social Security benefits has left many seniors concerned … Read more