The Social Security Fairness Act, which eliminated WEP and GPO, led to unexpected tax bills for retirees. A new bill is ...
A new bipartisan bill would exempt retroactive Social Security payments from federal taxes, easing a surprise financial ...
The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.
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Social Security Fairness Act gave 3.2 million retirees a raise — then hit them with a tax bomb
The Social Security Fairness Act gave millions higher benefits, but retroactive payments triggered unexpected tax bills. A ...
Several senators are calling on the Social Security Administration to reconsider what they say is a flaw in the implementation of the law.
Retirees could earn more retroactive lump sum payments for the time they missed out on the benefits.
Americans could receive larger Social Security lump-sum payments after senators pressed officials to revise how a new ...
Public sector workers getting restored benefits under last year's Social Security Fairness Act would be spared a tax bill on those benefits under new legislation.
The United States observed the 90th anniversary of the Social Security Act in August. This monumental piece of legislation has provided a supplemental income to retirees in America for decades.
A bipartisan “fix” to Social Security benefits for public-sector retirees could lead to a big tax hit for those Americans. Lawmakers are racing the clock before taxes come due on April 15.
The biggest changes to Social Security in years were signed into law on Jan. 5. For more than 3.2 million individuals, that will mean bigger benefit checks. And in some cases, the change will qualify ...
The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.
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