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.
The Social Security Fairness Act, which eliminated WEP and GPO, led to unexpected tax bills for retirees. A new bill is aiming to fix this.
Some Americans could get new Social Security lump sum payments now that several senators are pushing the Social Security Administration (SSA) to update their retroactive payments policy. Last year, ...
Some retirees face a big tax bill if lawmakers don't act.
Some Social Security recipients could be in for a surprise when it comes to their tax refunds this year. Because the Social Security Fairness Act was signed into law last year, many seniors saw their ...
Add Yahoo as a preferred source to see more of our stories on Google. Since 2012, Social Security Trustees Reports have indicated the Old-Age, Survivors, and Disability Insurance (OASDI) Trust Fund ...
A newly introduced bill would prevent some public sector retirees from being hit with a tax bill after they were made eligible for Social Security benefits last year. The bipartisan bill, known as the ...
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Social Security delivers payments ahead of schedule
The Social Security Administration (SSA) has confirmed it has completed sending payments to those impacted by the Social Security Fairness Act, five months ahead of schedule. In January, lawmakers ...
Taxes on Social Security benefits are stirring debate again, as recent changes could affect how some retirees file their ...
For the first time in decades, Social Security is redefining the full retirement age — and that's just one of seven big changes hitting in 2026 that could affect your benefits, taxes or claiming ...
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