Over 2 million Social Security beneficiaries had their retirement incomes reduced because of two programs. Here's how the Social Security Fairness Act addresses that.

The second round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the second group of retirees on Wednesday, Jan. 15. Here is all you need to know about this month’s Social Security payments, which go out in three rounds.

As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social Security changes this year.

The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal government’s 3.2% annual cost-of-living adjustment, or COLA. A 3.2% increase in the average Social Security check—about $1,

The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also received pension income.

Connecticut educators and other public sector workers are celebrating passage of the Social Security Fairness Act. The new federal law repealed two provisions which had reduced Social Security benefits for some public sector workers who also receive a pension and who will now be eligible for benefits they would have earned in 2024.

On January 6, 2025, the Social Security Fairness Act will be signed into law, promising increased benefits for millions of retirees in the United States. This landmark legislation aims to rectify long-standing reductions in Social Security benefits caused by the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO).

We’re extending Social Security benefits for millions of teachers, nurses, and other public and… employees and their spouses and survivors,” said Biden when he signed the Social Security Fairness Act this week.

The law will increase benefits for millions of retirees, but it's still not clear where the added funds will come from.