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Social Security Fairness Act could restore benefits
Congress passed the Social Security Fairness Act. Millions of people could see more in benefits as a result.
The Senate voted early Saturday morning to repeal two laws that prevent many public employees from receiving Social Security, a move that is expected to weigh on the overall solvency of the Social Security system.
How much Social Security benefits the average 62-year-old gets per month
But those who claimed at 62 receive far less. Their average monthly benefit in 2023 was just $1,298.26. Factoring in the 2024 COLA brings it to $1,339.80. And the 2.5% COLA for 2025 will make it about $1,373.30.
Social Security Fairness Act could restore benefits for millions, but policies still cause hardship
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
11h
on MSN
US Senate approves Social Security change despite fiscal concerns
President-elect Donald Trump plans to launch a mass deportation operation targeting millions of immigrants living in the U.S.
21h
on MSN
Millions to Get Bigger Social Security Checks If Biden Signs New Bill
Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s desk — ...
1d
on MSN
Congress approves changes to Social Security for some public sector workers
The Windfall Elimination Provision (WEP) reduces Social Security for those who earn “non-covered” pension income their jobs, ...
4h
Real World Economics: Eliminating Social Security’s ‘windfall elimination’ would be an injustice
Two people are retiring. One worked entirely in a government job not covered by Social Security because it had a pension ...
1d
on MSN
Social Security: Full List of Republicans Who Voted for Major Change
Senator Rand Paul pushed to gradually raise the retirement age for the benefits to 70, but the proposal failed.
14h
Happy holidays from Social Security | KYLLE' D. MCKINNEY
Billionaire Jay-Z is a bully who has “shrilly maintained an entitlement to different rules and faster procedures” against a ...
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