Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
Fact checked by Vikki Velasquez In January 2025, former President Joe Biden signed the Social Security Fairness Act into law. The new legislation terminated two rules that reduced Social Security benefits for millions of retirees.
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments, agency says
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
What you need to know about the Social Security Fairness Act
On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, including firefighters, police officers and teachers. This law eliminates two controversial provisions – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) — providing fairer Social Security benefits to millions.
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
How the Social Security Fairness Act could affect you
Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new Social Security Fairness Act.
Social Security Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under
I’m a Finance Expert: Here’s What Social Security Reform Should Look Like
President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and Windfall Elimination Provision rules. Biden touted the bill as a way
(Many) retired teachers are getting a raise thanks to the Social Security Fairness Act
Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will receive a higher benefit once the new rules go into effect.
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Going forward, you could receive your full monthly Social Security benefits. Right now, it’s difficult to figure out what that is becaus
Teachers, firefighters, police officers: will everyone benefit from the Social Security Fairness Act?
The Social Security Fairness Act, enacted on January 5, 2025, marks a significant shift in benefits for over 3.2 million Americans. By eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO),
Social Security Fairness Act sparks budget debate
The Social Security Fairness Act, recently signed by President Joe Biden, has eliminated the Government Pension Offset and Windfall Elimination Provision rules. The act aims to enable Americans to retire with economic security and dignity.
Beneficiaries under Social Security Fairness Act could be waiting ‘more than one year’ for adjusted payments, SSA says
The Social Security Administration, in an update to its website on Friday, said the department does not currently have the ...
Liz Weston: Government pension offset changes to Social Security are coming, but will take time
Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision ...
The Savings Game: How the repeal of WEP and GPO will be implemented
President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the ...
What you need to know about Social Security changes
Millions of retired Americans are set to benefit, but there are concerns the program could run out of funds sooner.