The Social Security program undergoes a series of revisions each year to ensure benefit payments keep pace with inflation and ...

CPI-W inflation increased 2.5% in the third quarter of 2024, so Social Security benefits received a 3.2% COLA in 2025. The following chart ... the Windfall Elimination Provision and the Government ...

Are you a teacher or government employee? Your pension could unexpectedly reduce your Social Security benefits due to WEP and GPO rules.

The WEP reduced Social Security benefits for retired federal workers who had also spent part of their careers in the private ...

Earlier this week, we reported on the Social Security Fairness Act. Since then, many of you have reached out with questions, ...

The Social Security program is very complex and has many rules regarding who can claim benefits, when they can claim benefits, and how much they can claim. The Social Security Fairness Act eliminated ...

The Windfall Elimination Provision impacted workers' retirement benefits, while the Government Pension Offset was tied to spousal and survivor benefits. Affected Social Security beneficiaries may ...

“The Social Security Fairness Act fully repeals the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO),” wrote Devin Carroll, CFP and owner and lead advisor at ...

On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, including firefighters, police officers and teachers. This law ...

The systems control $6 trillion annually, distributed as Social Security, Medicare, salaries for federal workers, payments to government contractors, payments to grant recipients and tax refunds.

Despite global uncertainty, India has maintained steady economic growth, according to the Economic Survey 2024-25. The Survey reports that India’s real GDP growth of 6.4% in FY25 remains close ...

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