3 Ways the Social Security Fairness Act Could Affect Retirees’ Budgets

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Heres a closer look at how the Act canaffect your budget if youre a retiree who will be impacted.

They should hit up the SSA and reply Fairness Act when prompted.

However, not everyone is eligible for the changes outlined in the Act.

Not all people receiving public pensions will see an increase.

This change has the possibility of making small or large changes to an impacted retirees budget, Gattis said.

Retroactive payments will be applicable on any payments owed as of January 2024 when WEP/GPO offsets expired.

These payments or increases will vary based on the amount of the current offset.

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