On June 24, the Committee for a Responsible Federal Budget hosted a virtual event following the release of the 2025 Social Security and Medicare Trustees' reports, which evaluate the fiscal health of ...

On the Medicare side, the Hospital Insurance (HI) trust fund is now forecast to exhaust its reserves in 2033, three years sooner than projected in last year’s report. Goldwein emphasized that the ...

The majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.

The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.

Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...

The Windfall Elimination Provision (WEP) penalized certain retirees. “Right now, WEP can reduce your Social Security benefit if you also get a pension from non-covered work,” Ray explained.

The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP ... Security’s position by 0.11% of taxable payroll. Glenn also explained that the ...

The Social Security Fairness Act is specifically designed to help public employees who were penalized under previous rules known as the "Windfall Elimination Provision" (WEP) and the "Government ...

Thanks to the Social Security Fairness Act, signed in January 2025, the controversial Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) have been repealed.

"This eliminated the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) from the Social Security Act," Chad Gammon, owner of Custom Fit Financial, explained to Newsweek ...