Several senators are calling on the Social Security Administration to reconsider what they say is a flaw in the implementation of the law.
The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.
Retirees could earn more retroactive lump sum payments for the time they missed out on the benefits.
Americans could receive larger Social Security lump-sum payments after senators pressed officials to revise how a new ...
A bipartisan “fix” to Social Security benefits for public-sector retirees could lead to a big tax hit for those Americans. Lawmakers are racing the clock before taxes come due on April 15.
The biggest changes to Social Security in years were signed into law on Jan. 5. For more than 3.2 million individuals, that will mean bigger benefit checks. And in some cases, the change will qualify ...
Many seniors saw their monthly benefits rise last year, and that will affect their tax refunds this year.
Public sector workers getting restored benefits under last year's Social Security Fairness Act would be spared a tax bill on ...
U.S. senators urge SSA to revise retroactive payment policies under the Social Security Fairness Act, opening the road for increased payments to beneficiaries.
The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.
For years, some retirees saw their Social Security checks reduced or eliminated because of where — or how — they worked. A recent change to federal law aims to correct that, potentially unlocking ...