Social Security changes slightly every year, undergoing adjustments that can significantly affect individuals receiving ...

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.

Every year, the trustees analyze the current state of Social Security and forecast the future of the program. Changes in the ...

Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.

Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act.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 ...