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
In 2025, Social Security and Supplemental Security Income (SSI) benefits saw a 2.5% cost-of-living adjustment (COLA), impacting over 72.5 million Americans. This increase helps beneficiaries keep up with inflation and rising living costs. Whether you receive retirement, disability (SSDI), or survivor benefits, here’s how the COLA increase affects your monthly payments. Payment Increases The Social … 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 have eagerly awaited changes to the Social Security Fairness Act (SSFA), and the latest announcement brings major relief. The Social Security Administration (SSA) has officially eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), two provisions that have long reduced Social Security benefits for many public sector workers. With … Read more
Millions of Social Security recipients are about to see a significant boost in their benefits. The Social Security Fairness Act will eliminate the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), increasing payments for over 3.2 million people. Additionally, a one-time retroactive payment will be issued to compensate for past reductions. WEP The … Read more
The Social Security Administration (SSA) has announced a major change affecting 3.2 million retirees, including teachers, police officers, firefighters, and federal employees. This change eliminates the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), two policies that previously reduced or eliminated Social Security benefits for those receiving pensions from non-Social Security-covered jobs. With this … 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
Millions of retirees celebrated after former President Joe Biden signed the Social Security Fairness Act into law. This new legislation aims to increase Social Security benefits for over 3.2 million retirees and spouses by eliminating two controversial provisions. However, retirees expecting an immediate financial boost just learned there’s an unexpected delay in receiving their benefits. … 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