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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 Security benefits of over 3.2 million people who receive a pension based on work that was not covered by Social Security (a "non-covered pension").
Social Security Cost-of-Living Adjustment (COLA) Update: Here's the Projected Increase for 2026
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. That's about $49 higher than the average in December 2024.
Higher Social Security Benefits Under New Law Delayed—How Long Will You Have To Wait?
Retirees looking forward to increased benefits because of the Social Security Fairness Act may now have to wait more than one year due to reduced funding for the Social Security Administration (SSA).
Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments, agency says
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
Public workers waited 40 years for law to boost Social Security. Now, they wait for payout
Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the reduction in Social Security benefits he receives because he also has a pension.
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,
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.
Social Security still has an increase for some beneficiaries
In a landmark move, President Joe Biden has enacted the Social Security Equity Act, aiming to bolster the economic stability of millions of Americans.
When will your pension increase due to the Social Security Fairness Act?
The Social Security Fairness Act, enacted during the final days of Joe Biden's presidency, promises full Social Security benefits to government employees, impacting 3 million retirees.
Social Security Fairness Act: Retirees must wait to collect this money
The Social Security Fairness Act promises new benefits for 3.2 million Americans, but a lack of funding and staffing shortages may delay access to these funds for over a year.
17h
on MSN
The Social Security Administration’s new boss is an unmatched operator—and now the second biggest business figure in Trump-land
He's known as a Jamie Dimon protegé, a 9/11 hero, and an operational expert. Now Fiserv's Frank Bisignano can add government ...
20h
on MSN
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 ...
19h
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
1h
on MSN
What We Know About the Federal Funding Freeze's Effects on Social Security and Medicare So Far
Will the federal government freeze financial assistance or not? Who will be affected if it does? Those questions have been ...
2d
on MSN
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 ...
37m
on MSN
Social Security February direct payment worth $967 goes out in three days
February’s Supplemental Security Income payment, worth up to $967, will go out to millions of beneficiaries in three days.
2d
on MSN
Trump freezes federal aid: What it means for Social Security, Medicare, universities and more
President Donald Trump has frozen $3 trillion in federal funds until his administration completes a full spending review.
2d
on MSN
Did Trump Freeze Social Security? Federal Funding Pause Explained
An internal memorandum sent on Monday by the Office of Management and Budget ordered federal agencies to pause all grants and ...
18h
Federal employees are ping-ponging between outrage, despair, and confusion as Trump's payout offer hits inboxes
One federal employee who voted for Trump twice said they "had hope that he would fulfill his promises." After the payout ...
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