The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.

Retirees could earn more retroactive lump sum payments for the time they missed out on the benefits.

A new bipartisan bill, the 'No Tax on Restored Benefits Act,' aims to stop the IRS from taxing lump-sum Social Security payments that public-sector retirees received.

Jan. 2—WASHINGTON, D.C. — Last week, the Senate passed U.S. Sen. Sherrod Brown's bipartisan legislation that will ensure that public servants and their families can receive full Social Security ...

Public sector workers getting restored benefits under last year's Social Security Fairness Act would be spared a tax bill on ...

The Social Security Fairness Act is poised to bring substantial changes to the benefits landscape for millions of Americans.

Forbes contributors publish independent expert analyses and insights. Tom Hager – “Mister Social Security” – offers expert advice from Ohio. Updated, Feb. 27, 2025: This post has been adjusted to ...

Add Yahoo as a preferred source to see more of our stories on Google. On Jan. 5, President Joe Biden signed a law that represents a giveaway to retirees who already have generous state-provided ...

To pitch a ‘My Turn’ guest column, email jdalessio@news-gazette.com. If you receive a pension from the state of Illinois or a local municipality like Champaign or Urbana, you just might be in luck — ...

The Social Security Fairness Act was signed into law by President Joe Biden in January 2025 to repeal the Windfall Elimination Provision and Government Pension Offset. The law means retirees, and ...

Almost all of you reading this column cannot collect your own Social Security retirement check and at the same time, get some extra benefits from your spouse’s account. But Tom Margenau and other ...