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The majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.
The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.
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.
There is a companion law called the “windfall elimination provision,” more commonly known by its acronym, WEP, which usually reduces any Social Security retirement benefits earned at side jobs ...
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.
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SSA Updates 91% of Cases, Boosts Benefits For 3 Million People - MSNThe Social Security Administration has processed about 91% of cases tied to a new law increasing benefits and issuing retroactive payments to nearly 3 million people, according to CNBC. The Social ...
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