Millions May Not Receive Boost For Over A Year

Over 3 million Social Security Fairness Act beneficiaries may wait more than a year for higher payments: agency
The Social Security Fairness Act will provide benefit increases to more than 3 million individuals. But it's uncertain when they will see that money.
Social Security Payments: Millions May Not Receive Boost For Over A Year
Callers to the SSA hear a message about the Social Security Fairness Act, intended to reduce long and frustrating wait times for those seeking information on the new law. However, more than 7,000 people per day still choose to wait for a live representative, leading to a backlog that is expected to grow in the coming weeks and months.
Social Security Retroactive Payments and 2025 Increases Are Delayed
Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will see delays as the SSA manually adjusts benefits as a result of the Social Security Fairness Act.
Social Security boost may not come for more than a year for many Americans
The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.
Social Security Fairness Act’s boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under
The New Social Security Law May Boost Your Benefits—What One Expert Wants You To Know
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.
Social Security raises payments; Fairness Act implementation lags
Social Security payments rise this week, but Fairness Act-related payments face delays due to funding issues.
Over 3 million on Social Security may wait more than a year for higher payments
More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,
2 Social Security changes that could hurt you financially, if you're still working
One positive aspect of Social Security is that the program is set up to adapt to economic changes. Each year, for example, ...
Social Security's Early 2026 Cost-of-Living Adjustment (COLA) Projection Is In -- and It's a Good News/Bad News Scenario for Retirees
What's more, surveys have shown that Social Security checks are necessary for seniors to make ends meet. A poll from ...
This Was the Average Social Security Benefit in 1974, and Here's What It Is Now
As of November 2024, over 54.2 million Americans were receiving them, and many rely on them for a significant portion of ...
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Social Security: Is There Really a Yearly Bonus Worth Thousands of Dollars?
each year you work will replace a zero or low earnings year in your Social Security benefit calculation. This can help to increase your benefit amount. However, there is a maximum amount of ...
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Social Security COLA Falls Short: 2.5% Increase Trails 2.9% Inflation
The Social Security Administration (SSA ... payments fall short of fully keeping pace with rising costs. This year’s increase is also considerably lower than last year’s historic 8.7% raise ...