Recent legislative changes have made it possible for certain retirees to receive Social Security benefits they were previously ineligible for. The enactment of the Social Security Fairness Act on January 5, 2025, has repealed the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), potentially entitling many to substantial retroactive payments. However, to access … Read more
On January 5, 2025, the Social Security Fairness Act was signed into law, representing a milestone for public sector workers, including police officers, firefighters, and teachers. This legislation addresses long-standing concerns by repealing the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These changes aim to ensure equitable Social Security benefits for millions … Read more
Social Security checks provide a crucial source of income for millions of Americans, especially retirees, disabled individuals, and survivors. However, many recipients may be surprised to find that their checks are subject to various deductions. Understanding these deductions can help you manage your finances better and avoid unexpected shortfalls in your monthly income. Here’s everything … Read more