New laws enacted in 2025 may impact just how much federal taxes Social Security beneficiaries owe on their benefit income.
The Social Security Fairness Act has repealed two major provisions — The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) — that will provide financial relief for some. Here’s ...
The Social Security Fairness Act repealed the Windfall Elimination Provision and the Government Pension Offset. Roughly 3.2 million Americans are seeing higher monthly payments. Average Social ...
Social Security is quietly undergoing one of its biggest overhauls in years, reshaping how benefits are calculated, delivered ...
The United States observed the 90th anniversary of the Social Security Act in August. This monumental piece of legislation has provided a supplemental income to retirees in America for decades.
President Joe Biden on Sunday signed the Social Security Fairness Act into law, clearing the way for nearly 3 million public workers including teachers, firefighters and police to see an increase to ...
Social Security has undergone many changes this year, largely due to President Donald Trump‘s One Big Beautiful Bill Act, which implemented tax deductions for senior citizens’ retirement benefits.
Millions of seniors saw huge benefit boosts earlier this year due to the Social Security Fairness Act. The 2025 Social Security COLA increased benefits for all seniors. A new senior tax deduction ...
U.S. News & World Report: Sharona Hoffman, the Edgar A. Hahn Professor of Law and co-director of the Law-Medicine Center, noted that the Social Security Fairness Act repeals the Windfall Elimination ...
The so-called go-broke date — or the date at which Social Security will no longer have enough funds to pay full benefits — has been moved up to 2034, instead of last year’s estimate of 2035. After ...
For some Social Security recipients, upcoming benefit checks might arrive in a lesser amount as the SSA is expected to begin withholding 50% of benefits for those who have been overpaid but have yet ...
A sweeping change to the nation's retirement system has quietly increased monthly income for millions of Americans in recent months. The Social Security Fairness Act, signed into law by former ...