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MiBolsilloColombia on MSNSocial Security Fairness Act Brings Good News for 2.8 Million BeneficiariesThe newly enacted Social Security Fairness Act has delivered significant relief and positive news for approximately 2.8 million public sector retirees in the United States.
Social Security says over 2.5 million retroactive payments have been processed. Here's what to know.
The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.
The Social Security Fairness Act gets rid of two long-standing laws: the Windfall Elimination Provision (WEP) and the ...
A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...
The Social Security Fairness Act went into effect in Feb 2025 and the SSA has been sending billions in retroactive payments and benefit adjustments to qualifying individuals. The act gets rid of two ...
Social Security employees fear that adding complicated unpaid pension claims to their priority list will push routine needs ...
The agency said it is temporarily reassigning about 1,000 customer service representatives from field offices to work on the ...
The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.
Now, more than 40 years after WEP was enacted, the Social Security Fairness Act has rolled it back. With bipartisan support, the act was signed into law on Jan. 5, 2025.
The Social Security Administration is manually processing complex cases. More than 80% of seniors affected by the Social Security Fairness Act have already received their benefit adjustment.
Editor's note: A correction was made to this story to clarify that non-covered workers did not pay Social Security taxes on their pensions, according to the SSA website. On Jan. 5, former ...
Social Security Fairness Act and taxes: Bottom line. If you’re receiving Social Security benefits, understanding the potential tax impacts of the Social Security Fairness Act is essential.
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