The Social Security Fairness Act of 2025 eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), restoring full benefits to 3.2 million public- ...
Retirees could earn more retroactive lump sum payments for the time they missed out on the benefits.
Americans could receive larger Social Security lump-sum payments after senators pressed officials to revise how a new ...
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.
Many Americans aged 65 and older will be eligible for an enhanced standard deduction under the OBBBA, $6,000 for individuals ...
U.S. senators urge SSA to revise retroactive payment policies under the Social Security Fairness Act, opening the road for increased payments to beneficiaries.
The Social Security Fairness Act brought long-awaited relief to millions of retirees by eliminating benefit reductions. However, this financial boost may lead to unexpected tax burdens. Discover how ...
A new bipartisan bill would exempt retroactive Social Security payments from federal taxes, easing a surprise financial ...
Some retirees face a big tax bill if lawmakers don't act.
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