Windfall Elimination Provision

Social Security Glitch May Be Reducing Payments for Some Seniors

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Social Security Glitch May Be Reducing Payments for Some Seniors

A Social Security issue linked to the new Social Security Fairness Act may be costing some retirees thousands of dollars in retroactive benefits. Lawmakers are now urging the Social Security Administration to correct the problem and ensure that all eligible seniors receive the full payments they are owed. The issue affects certain retirees who may … Read more

Delayed Social Security Trustees Report Raises Fresh Concerns Over Future Benefit Cuts

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Delayed Social Security Trustees Report Raises Fresh Concerns Over Future Benefit Cuts

The annual Social Security Trustees Report is one of the most important updates for retirees, workers, financial planners, and policymakers. It explains the financial condition of Social Security and gives projections for when the program’s trust funds may run short of money. By law, the report is supposed to be released by April 1 each year. However, … Read more