One of those changes? The Windfall Elimination Provision (WEP), which came to life roughly four decades ago (and subsequently ...
The Social Security Fairness Act has repealed the WEP and GPO provisions. Learn how this affects public service workers and ...
On January 5, 2025, President Biden signed H.R. 82, the Social Security Fairness Act of 2023 (Public Law 118-273), to repeal ...
BOSTON, MA, UNITED STATES, May 15, 2025 /EINPresswire.com/ -- The recent changes in Social Security laws mean public employees affected by the Windfall Elimination ...
Kate Dias was still in Washington, D.C. on Tuesday morning, ostensibly because of a significant snowstorm that hit the nation’s capitol early this week, but she spent some time savoring a piece of ...
Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. Together, the Windfall Elimination Provision and the Government Pension ...
Officials at the Social Security Administration said it could take more than a year for the agency to fully implement recently enacted legislation repealing two controversial tax provisions that ...
Just weeks before the end of his presidency, President Joe Biden has signed a new act into law that is set to increase monthly Social Security payments for close to three million Americans. The bill, ...
The first wave of Social Security claims resulting from the Social Security Fairness Act signed into law on Jan. 5 has been processed and checks are being sent, the Social Security Administration said ...
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 ...
The Windfall Elimination Provision is designed to prevent people who didn't pay Social Security tax on the majority of their income from receiving disproportionately high Social Security payments. In ...
Most Americans have jobs that withhold payroll taxes (aka FICA taxes) that contribute to the Social Security system, and when they reach retirement age they are able to claim a Social Security benefit ...