Are you a teacher or government employee? Your pension could unexpectedly reduce your Social Security benefits due to WEP and GPO rules.
Sterling Wealth Management's Sharon Allen and Daly Andersson answer Jana Wiersema's questions about the impact of the new ...
The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments.
The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an ...
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without ...
The Windfall Elimination Provision said that Social Security retirement benefits for government employees should be figured the same way as those for all other senior citizens. The Government ...
As 2024 came to a close, the White House and Congress approved big giveaways to two subsets of state and local government ...
Social Security is not an entitlement program or a handout, it’s an earned benefit paid into by workers and their employers. When we retire, we expect to receive the full ...
It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits ...
The Social Security Fairness Act (SSFA), which was recently signed into law by President Joe Biden, eliminates rules that ...
The Social Security Fairness Act of 2023 was signed into law on Jan. 5, 2024, repealing the WEP and GPO. This 2022 article explains everything you need to know about the WEP and GPO. Humana declined ...
President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the ...