Retirees can use Internal Revenue Code Section 86(e) to attribute lump-sum payments to prior years and pay tax at those lower ...

Some people haven't received all their Social Security benefits, even though they paid into the system. A new law changes ...

In her latest monthly Social Security Advisor newsletter, Heather Schreiber discusses“ retroactive benefits.” These are lump-sum payments covering past months during which a person was eligible for a ...

Changes to Social Security can stir up stress, especially when your income affects your daily stability. The repeal of the Windfall Elimination Provision means you may now receive **higher monthly ...

Social Security benefits are a critical source of income for older Americans. Unfortunately, in the past, certain rules ...

Retro is cool. From bell-bottom jeans to Lava Lamps to vinyl records, relics from the past have always been popular. But, while blasts from the past can be a ton of fun, there are few retro items ...

On Jan. 5, 2025, President Biden signed the Social Security Fairness Act (SSFA) into law, repealing two onerous Social Security provisions: the Windfall Elimination Provision (WEP) and the Government ...

Q. I receive a significant pension from work I have done outside of Social Security. I have not worked enough hours under Social Security to receive a benefit based on my work record. My spouse is ...

A law signed in January 2025 eliminated two provisions that had reduced or wiped out Social Security benefits for earners who also receive a government pension from a job that did not pay into Social ...

The government sent out $17 billion in Social Security back pay last year — but not everyone got their full share.

Some Social Security recipients could receive retroactive benefit payments they are owed under a recently passed law. A group of senators recently sent a letter to the Social Security Administration ...