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The Social Security Fairness Act (SSFA), which was recently signed into law by former president Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from...
The Social Security Fairness Act, one of the most bipartisan bills in Congress this session, aims to repeal WEP and GPO. The House voted to pass the legislation Nov. 12, and the Senate approved it ...
The new law would come at a time when the Social Security Administration is operating with its lowest staffing level in more than 50 years, or since 1972, with a hiring freeze recently put in ...
A new Bankrate survey found that 53% of workers expect to rely on Social Security benefits to pay their necessary expenses once they retire. Meanwhile, 73% of those polled worry that the benefits ...
The new provisions impact about 3% of Social Security beneficiaries - totaling a little more than 2.5 million Americans - and the workers and retirees affected by these provisions are key ...
On top of the big jump in 2022, the Social Security Administration announced that the COLA starting Jan. 1, 2023, would be a whopping 8.7%. This increase is one of the biggest in history, and the ...
The Social Security Administration recently posted a November 2022 update on its website, with much of the focus on the 8.7% cost-of-living adjustment that will boost Social Security and ...
While Social Security will not go bankrupt in 2035 as many people mistakenly believe, the taxes that support it will only be able to fund 75% of scheduled benefits by then -- and then is only 13 ...