Arizona retirees have good news when it comes to their Social Security benefits: the state does not tax them. However, retirees may still be subject to federal taxation on their benefits depending on their total income. Understanding how Social Security taxation works and implementing smart financial strategies can help retirees protect their money. Arizona’s Tax … Read more
The Social Security Fairness Act, signed into law by President Joe Biden on January 5, 2025, marks a significant milestone in Social Security reform. The law repeals two controversial provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—which have historically reduced benefits for millions of retirees, particularly those who worked in public sector … Read more
The Social Security Administration (SSA) is facing a growing backlog of appeals, leaving nearly 300,000 Americans in limbo as they await decisions on their disability benefits. This bottleneck in the appeals process is creating financial hardships for individuals who rely on Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) to meet their basic … Read more
Washington, D.C. – The full retirement age (FRA) for Social Security benefits has increased once again, affecting millions of Americans planning for retirement. In 2025, the FRA will be 66 years and 10 months for those born in 1959. This gradual shift is part of the Social Security Amendments of 1983, designed to account for … Read more
The Social Security Fairness Act, recently signed into law by President Joe Biden, is set to increase benefits for more than 3.2 million Americans. This new legislation aims to correct long-standing inequities in Social Security payments, particularly for retired public sector workers such as teachers, firefighters, and police officers. The bill repeals two controversial provisions—the … Read more
The Social Security Administration (SSA) has announced that millions of Americans will receive higher monthly benefits and retroactive payments following the enactment of the Social Security Fairness Act. The law, signed by President Joe Biden on January 5, 2025, eliminates two provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that had previously reduced … Read more
The Social Security Administration (SSA) has announced that over 3.2 million retirees will see an increase in their monthly Social Security benefits starting in April 2025. This adjustment is a direct result of the Social Security Fairness Act, which was signed into law by President Joe Biden on January 5, 2025. The law eliminates two … Read more
A new law eliminating certain reductions in Social Security benefits has triggered a wave of new claims and payments, benefiting millions of retired public workers across the United States. Signed into law by President Joe Biden on January 5, 2025, the Social Security Fairness Act removes two provisions that previously reduced payments for many government … Read more
Kokomo, IN — A 70-year-old woman from Kokomo, Indiana, has been sentenced to three years of probation after illegally collecting more than $231,000 in Social Security benefits by falsely claiming her deceased husband was still alive. Rebecca Fields pleaded guilty to making false statements to the Social Security Administration (SSA), leading to her sentencing in … Read more
Social Security advocates are raising concerns over recent actions by Elon Musk and the Department of Government Efficiency (DOGE) that could significantly impact the Social Security Administration (SSA) and its millions of beneficiaries. The controversy centers around allegations of fraudulent payments, leadership shake-ups, office closures, and budget cuts that critics say could weaken the SSA’s … Read more