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Q. I receive a significant pension from work I have done outside of Social Security. I have not worked enough hours under ...
The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.
The Social Security Fairness Act ends WEP and GPO reductions, boosting benefits for many—but not all eligible recipients are automatically included.
The majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.
Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...
The SSA has now confirmed it has sent out 3.1 million payments to those impacted by the Social Security Fairness Act.
The Social Security Administration is about to get a new commissioner, but that's only the latest of a series of changes at the agency since the inauguration of President Donald Trump.
The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.
The way to avoid the so-called windfall in the Windfall Elimination Provision was to calculate benefits in a way that would presume a public servant’s pension fund was sufficient. Unfortunately, ...
On the Medicare side, the Hospital Insurance (HI) trust fund is now forecast to exhaust its reserves in 2033, three years sooner than projected in last year’s report. Goldwein emphasized that the ...