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(The Center Square) – Two Virginia congressmen have introduced bipartisan legislation to exempt military spouses from federal workers' return to the office mandate. The Support Military Families ...
Social security benefits were reduced by two-thirds of the non-covered government pension amount. [1] Note this is not two-thirds of the Social Security benefit; for example, a $600 non-covered pension benefit would reduce Social Security spousal benefits by $400, regardless of whether the spouse was entitled to $500 or $1000 on the Social Security record of the number holder.
With both types of benefits, the most you can collect is 50% of your spouse's or ex-spouse's benefit amount at their full retirement age. Starting in 2025, the maximum possible benefit at full ...
Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act. ... and the federal government's Thrift Savings ...
On April 30, 1999, Congress designated National Military Appreciation Month as a month-long observance. [7] [8] Congress chose May because many military related observances such as Memorial Day and Loyalty Day are celebrated and observed on that date. Congress recognized the month after a unanimous vote of 93–0 in April of that year.
Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%.This is under the 3.2 ...
The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
The average couple earning one retirement benefit and one spousal benefit will get about $74 more per month next year. However, you might get more than this if your monthly checks are larger than ...