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New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension").
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.
Higher Social Security Benefits Under New Law Delayed—How Long Will You Have To Wait?
Retirees looking forward to increased benefits because of the Social Security Fairness Act may now have to wait more than one year due to reduced funding for the Social Security Administration (SSA).
Will Claiming Social Security at 62 Slash Your Benefits for Life? Here's the Truth
The fact that seniors are allowed to decide when to claim Social Security is both a blessing and a curse. The flexibility allows them to file their claims based on their financial needs and life circumstances.
How long will it take for Social Security raises with new law for teachers, police?
Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as quickly as possible.
Over 3 million on Social Security may wait more than a year for higher payments
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the 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.
Should you claim Social Security at the same time as your spouse? Here's how to know.
Another perk of being married in retirement is that both you and your spouse may each be eligible for a monthly Social Security benefit. That gives you access to even more income, and more financial flexibility.
15h
on MSN
The Social Security Administration’s new boss is an unmatched operator—and now the second biggest business figure in Trump-land
He's known as a Jamie Dimon protegé, a 9/11 hero, and an operational expert. Now Fiserv's Frank Bisignano can add government ...
17h
on MSN
Social Security could owe you thousands of dollars. Here’s how to check.
The Social Security Fairness Act increased benefits to millions more retirees, including some who never claimed them.
1d
on MSN
Social Security Cost-of-Living Adjustment (COLA) Update: Here's the Projected Increase for 2026
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living ...
2d
on MSN
Did Trump Freeze Social Security? Federal Funding Pause Explained
An internal memorandum sent on Monday by the Office of Management and Budget ordered federal agencies to pause all grants and ...
1d
on MSN
Social Security February direct payment worth $967 goes out in three days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in three days.
2d
on MSN
Social Security Fairness Act Signed by Biden: What It Means for Your Retirement
Learn how the Social Security Fairness Act may increase your retirement benefits by eliminating the Windfall Elimination ...
22h
on MSN
Florida Sees Drop in Supplemental Social Security Payments for Kids
The amount Florida's spending on supplemental security payments for children dropped despite an increase in the number of ...
9h
on MSN
Dave Ramsey bluntly warns Americans on Social Security, poverty
In 2024, approximately 171 million American workers paid Social Security taxes, and nearly 72.9 million Americans received ...
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