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GOBankingRates outlined how this brand-new law willaffect eligible Americans and their benefits.

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What Is the Social Security Fairness Act?

These provisions have been in place since 1983, he added.

With this repeal, all benefits will now be calculated using the same formulas and rules, Carroll explained.

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There have been previous proposals to address these provisions, but they were never passed.

Will the New Law Affect You?

You should also contact theSocial Security Administrationto find out how these changes specifically impact your benefits.

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