$7.5 Billion in Retroactive Social Security Payments Distributed to Over 1 Million Americans

$7.5 Billion in Retroactive Social Security Payments Distributed to Over 1 Million Americans

It is the Social Security Administration’s latest and historic move-it has paid over $7.5 billion in retroactive payments to more than 1.13 million beneficiaries. The checks were issued following the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) by the Social Security Fairness Act. The provisions allow the recovery of certain … Read more

Social Security Payment on March 12: Find Out Who Gets Paid and Who Doesn’t

Social Security Payment on March 12 Find Out Who Gets Paid and Who Doesn't

As is behavior of the Social Security Administration (SSA), it will send the next round of benefit payments on March 12, 2025, but not everybody will be getting their checks on that date. It is imperative, therefore, for one to understand how the schedule pans out for their financial purposes. Social Security Payment Schedule SSA … Read more