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 Thanks to the Social Security Fairness Act, retirees who previously had their benefits reduced due to outdated provisions will now receive higher monthly payments.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
Social Security continues to be a lifeline for millions of Americans, particularly retirees. The 2025 cost-of-living adjustment (COLA) raised the average monthly benefit by $49, increasing payments from $1,927 to $1,976. While this is helpful, many beneficiaries, especially those with limited personal savings, feel the increase falls short of covering rising expenses. To address broader … Read more
The Senate is poised to vote on the Social Security Fairness Act, a proposal to boost Social Security benefits for individuals who qualify for non-Social Security government pensions. Although the bill breezed through the House of Representatives with bipartisan support, the Senate faces internal divisions, particularly among Republicans, over the $200 billion cost and the … 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
The Social Security Fairness Act has reignited debate in Washington as it moves closer to a potential Senate vote. This bipartisan bill seeks to repeal two provisions—Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)—that currently reduce Social Security benefits for millions of Americans. While supporters emphasize fairness and justice for workers, critics voice concerns … Read more
The Social Security Fairness Act, recently passed by the House of Representatives, aims to repeal two contentious provisions—Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)—that have long affected public service retirees who also contributed to Social Security. With the ball now in the Senate’s court, the act has sparked both hope and controversy. This … Read more