On the first Sunday in January 2025, President Joe Biden brought some warmth to a very cold time of year by signing the bipartisan Social Security Fairness Act into law. This legislation impacts more than 2.5 million Americans, which makes it important for financial advisors to understand. The short version of what happened is that this law repeals both the Windfall Elimination Provision from 1983 and the Government Pension Offset from 1977 (but with an adjustment in 1983).
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What You Need to Know about the Social Security Fairness Act
By Eric Robbins on Mar 28, 2025 6:45:00 AM