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And that’s what the windfall elimination provision does. When that WEP formula is applied to my Social Security computation, it gives me the roughly 40% return rate rather than the 90% rate ...
The Social Security Fairness Act (SSFA), enacted in January 2025, seeks to address longstanding inequities in benefit calculations for public sector retirees. By repealing the Windfall Elimination ...
The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.
The Social Security Administration (SSA) has issued an update for those who have not yet received expanded benefits following the passage of the Social Security Fairness Act earlier this year.
The Windfall Elimination Provision (WEP) penalized certain retirees. “Right now, WEP can reduce your Social Security benefit if you also get a pension from non-covered work,” Ray explained.
Earlier this year, Biden signed a bill that boosted Social Security payments for nearly 3 million people. Here’s an update on the expanded benefits.
Early this year, near the end of his term in office, President Biden signed the Social Security Fairness Act, a law that ended the Windfall Elimination Provision and Government Pension Offset ...
A new law passed in January provides nearly 3 million people with Social Security benefit increases. In a new update, the Social Security Administration says 91% of adjustments have been processed.
The Brief. Earlier this year, the Social Security Fairness Act boosted Social Security payments for nearly 3 million people. SSA says benefits have been expanded for about 91% of those eligible.
For years, people who were eligible for certain government benefits had some of their Social Security withheld due to two provisions -- the Windfall Elimination Provision (WEP) and the Government ...