The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments.

Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting ...

In a groundbreaking move, the Social Security Administration (SSA) has announced a significant increase of $360 per month in ...

The Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions only affected about 3% of households, but significantly reduced the amount of Social Security ...

The Social Security Fairness Act ends both the WEP and the government pension offset, increasing the Social Security checks ...

The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits.

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 ...

Congress has passed the Social Security ... cuts to their Social Security benefits. One is called the Government Pension Offset, and the other is the Windfall Elimination Provision.

President Joe Biden signed the Social Security Fairness Act on January 5, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and so opening up higher benefit ...

The standard reduction in Social Security benefits in 2024 for a 62-year-old worker under the Windfall Elimination Provision is $587 per month. Some workers face higher deductions, sufficiently ...

On Jan. 6, President Joe Biden signed into law the Social Security Fairness Act. This law repeals the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). This is a momentous ...