Learn how the new Social Security Fairness Act could increase your retirement and spousal benefits by eliminating penalties like WEP and GPO. Discover what this means for public servants and your financial future.

In today’s update, discover how the new Social Security Fairness Act could impact your retirement benefits by eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) that have reduced benefits for public servants like teachers, firefighters, and police officers. Learn how this legislation could increase your Social Security income, improve your retirement security, and what it means for those relying on government pensions. Understand the impact for for retirement, SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits. Understand the key changes, why this bill matters for public employees, and what you need to know about the potential financial relief. Stay informed about the critical updates that could significantly boost your Social Security benefits and enhance your financial future.

Social Security Benefits: How This New Bill Could Increase Your Income

Lesson Resource

• Teaching Lesson – Teaching lesson plans related to this lesson.

Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.