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The majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.
The Social Security Fairness Act (SSFA), enacted on January 5, 2025, marks a significant shift in Social Security benefits, ...
The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.
The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.