Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...

Although Congress has yet to act, it is well known that Social Security's rainy-day funds will soon run dry, and revenue from ...

Social Security is facing a funding crisis that could lead to significant benefit cuts for retirees in the near future. The ...

The Social Security program, a financial lifeline for millions, faces an uncertain future. With demographic shifts and ...

The Social Security Administration says about 2 million people — 3.1% of beneficiaries — were subject to WEP reductions in 2022. Meanwhile, nearly 13% of spousal and survivor beneficiaries ...

The way to avoid the so-called windfall in the Windfall Elimination Provision was to calculate benefits in a way that would presume a public servant’s pension fund was sufficient. Unfortunately, ...

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 SSA said in an April 29 press release: "SSA has made significant strides in implementing the Social Security Fairness Act, having paid over $14.8 billion in retroactive payments to more than 2 ...

The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement 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 ...

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.

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 ...