Social Security, Joe Biden

biden signs Social Security Fairness Act
President Joe Biden recently signed the Social Security Fairness Act into law. This new legislation will have a big impact on retired teachers and other public sector workers. The law repeals two rules that have been in place for decades: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
The Social Security Fairness Act is a terrible piece of legislation — here’s how to fix the problem
President Biden on Jan. 5, is a terrible piece of legislation.  It simply gives away money to some state and local workers — those who will now benefit unfairly from the progressivity of the system’s benefit formula and from benefits designed for nonworking spouses.
President Biden signs Social Security Fairness Act, one of the last bills of his presidency
President Biden signs the Social Security Fairness Act, reversing unfair provisions and boosting benefits for millions of current and retired public service workers.
A $196 Billion Giveaway? Critics Decry The New Social Security 'Fairness' Act
The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an additional $37 billion in interest payments. The Social Security Trust Fund is projected to run out by 2033, a date which could be moved up six months without further reform to the program.
Social Security Fairness Act opens access to benefits for public employees
According to a news release by U.S. Senator Bill Cassidy, the Social Security Fairness Act ensures that public sector workers and their families in Louisiana will receive their full Social Security benefit.
(Many) retired teachers are getting a raise thanks to the Social Security Fairness Act
Massachusetts teachers and other public sector employees who qualify for Social Security benefits through covered work will receive a higher benefit once the new rules go into effect.
Social Security Fairness Act: More Money and Back Payments for Qualifying Recipients
The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments. Here's what we know so far.
Social Security Fairness Act sparks budget debate
The Social Security Fairness Act, recently signed by President Joe Biden, has eliminated the Government Pension Offset and Windfall Elimination Provision rules. The act aims to enable Americans to retire with economic security and dignity.
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without pension penalties.
2.8 Million Americans Are Owed Back Social Security Benefits. Will You Get Yours Anytime Soon?
It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits ...
Biden signs bill to boost Social Security payments for some public sector workers
The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also ...
Biden signed a big Social Security change into law — are you affected? Here's what you can do if it impacts you
U.S. President Joe Biden signed the Social Security Fairness Act into law on Jan. 5., increasing the ability of retired ...
A Big Social Security Change Just Signed by President Biden Comes With Bad News for Retirees
The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits.
Good news for Social Security beneficiaries, this is the last major measure approved by Biden
President Biden signed the Social Security Fairness Act into law earlier this month, marking the administration’s final major ...
I’m a Finance Expert: Here’s What Social Security Reform Should Look Like
President Joe Biden recently signed the Social Security Fairness Act, which eliminated the Government Pension Offset and Windfall Elimination Provision rules. Biden touted the bill as a way ...