The Social Security Fairness Act of 2025 eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), restoring full benefits to 3.2 million public- ...
Many Americans aged 65 and older will be eligible for an enhanced standard deduction under the OBBBA, $6,000 for individuals ...
The Social Security Fairness Act, which eliminated WEP and GPO, led to unexpected tax bills for retirees. A new bill is aiming to fix this.
Some retirees face a big tax bill if lawmakers don't act.
A new bipartisan bill would exempt retroactive Social Security payments from federal taxes, easing a surprise financial burden for millions of retirees.
The Social Security Fairness Act brought long-awaited relief to millions of retirees by eliminating benefit reductions. However, this financial boost may lead to unexpected tax burdens. Discover how ...
The Social Security Fairness Act has already resulted in retroactive payments for some. Now, a new legislative push could ...