Beneficiaries under Social Security Fairness Act could be waiting ‘more than one year’ for adjusted payments, SSA says
The Social Security Administration, in an update to its website on Friday, said the department does not currently have the funding to execute the adjustments “in a timely manner and without negatively affecting day-to-day customer service.
Social Security Fairness Act’s boosted payments to 3M public employees ‘could take more than 1 year’
President Biden signed the new law, which will boost Social Security retirement payments to police and firefighters, but now payments (though retroactive) will be delayed.
Social Security Payments: Millions May Not Receive Boost For Over A Year
Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.
First round of February Social Security payments goes out in 13 days
The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 13 days. Here is all you need to know about next month’s Social Security payments, which go out in three rounds.
Over 3 million on Social Security may wait more than a year for higher payments
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,
Should you claim Social Security at the same time as your spouse? Here's how to know.
Another perk of being married in retirement is that both you and your spouse may each be eligible for a monthly Social Security benefit. That gives you access to even more income, and more financial flexibility.
Here’s a proposal to fix Social Security that we could enact today
Read: Waiting until age 70 to claim Social Security gets you a lot more money. Here’s why so few people do it. The proposal reflects Primus’s extensive knowledge of both polic
Social Security Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments.
The Ultimate Social Security Playbook for 2025
As we look towards 2025, navigating the complexities of Social Security becomes increasingly essential for those nearing retirement. With roughly 10,000 Americans passing the threshold into retirement age each and every day,
How long will it take for Social Security raises with new law for teachers, police?
Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as ...
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SSA: It could take more than a year to implement the WEP and GPO repeal
Though Congress acted on a bipartisan basis last year to pass legislation ending two controversial tax provisions that ...
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Who receives $1,415 from SSA today?
Today, millions of Americans will receive Social Security payments up to $1,415. Discover who qualifies for these benefits ...
New Social Security Law Faces Long Delay Before Sending Out Adjusted Benefits
It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social ...
6 Big Shakeups Coming to Social Security in 2025
Nearly 72.88 million Americans rely on Social Security for monthly income. The vast majority, about 65.5 million, collect ...
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SSA advances this important payment this Friday
SSI recipients will receive two payments in February 2025 due to scheduling shifts. Families should plan ahead to manage ...
GOP, Democratic Senators Want Answers for Trump’s Firings of HSS, SSA IGs
Senate Judiciary Committee Chairman Chuck Grassley (R-IA) joined Ranking Member Dick Durbin (D-IL) on Jan. 28, 2025, in ...
Trump’s federal worker buyout could impact Social Security benefits for millions, senator says
On Tuesday, the Trump administration sent a memo to millions of federal workers offering a “deferred resignation,” which ...