New Social Security Law Boosts Benefits for 3.2 Million Retirees But Faces Implementation Delays
A policy change of importance, President Joe Biden signed the Social Security Fairness Act into law on January 5, 2025. The new act aims to increase benefits of an estimated 3.2 million retirees by eliminating Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). Although this law would provide much-needed financial support for many, beneficiaries … Read more