Showing posts with label Social Security. Show all posts
Showing posts with label Social Security. Show all posts

Monday, November 18, 2024

What is the Windfall Elimination Provision (WEP)?

What is the Windfall Elimination Provision (WEP)?

Snippet of Article: "...The Windfall Elimination Provision (WEP) is a formula used to adjust Social Security worker benefits for people who receive “non-covered pensions” and qualify for Social Security benefits based on other Social Security–covered earnings. a A non-covered pension is a pension paid by an employer that does not withhold Social Security taxes from your salary, typically, state and local governments or non-U.S. employers. ..."

Source: www.ssa.gov

What is the Windfall Elimination Provision (WEP)?




Monday, October 14, 2024

Trump is the Only Candidate to Promise Social Security Recipients Some Help

Trump promises to halt taxes on Social Security; cites 'inflation nightmare' for seniors

Snippet of Article: "Trump made the promise on his Truth Social media platform... Former President Trump on Monday promised to halt taxes on Social Security benefits in an effort to help many senior citizens. ..."To help seniors on fixed incomes who are suffering the ravages of Comrade Kamala Harris' inflation nightmare — I'm promising NO TAX on SOCIAL SECURITY BENEFITS!" he wrote on X. "

Source: www.foxbusiness.com

Social Security,Trump Agenda,Trump Helps Seniors,Trump is the Only Candidate to Promise Social Security Recipients Some Help as of October 14 2024, This is a Big Deal For Seniors,




Wednesday, October 2, 2024

While Unions Garner Huge Pay Increases, Forgotten Social Security Recipients Struggle With Tiny, Manipulated COLA's

Here's How Much the Average Social Security Benefit Will Increase Next Year if the Current COLA Estimate Is Correct

Snippet of Article: "...We've had data from July and August available for quite some time at this point. But because September just ended, it's too soon to have a reading from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the month, which is the index COLAs are measured by. ...that information is expected to be released on October 10. And once that happens, the Social Security Administration (SSA) can calculate a 2025 COLA officially. ... raise is looking smaller, though, with estimates calling for a 2 ..."

Source: www.aol.com

Social Security,2025 COLA Estimates, Destruction of Seniors, Disrespect of America's Elderly,




Thursday, September 19, 2024

Trump promises to halt taxes on Social Security; cites 'inflation nightmare' for seniors

Trump promises to halt taxes on Social Security; cites 'inflation nightmare' for seniors

Snippet of Article: "...Former President Trump on Monday promised to halt taxes on Social Security benefits in an effort to help many senior citizens.

On Truth Social, Trump posted a video saying inflation under the Biden administration has hurt seniors.

"To help seniors on fixed incomes who are suffering the ravages of Comrade Kamala Harris' inflation nightmare — I'm promising NO TAX on SOCIAL SECURITY BENEFITS!" he wrote on X. ..."



Source: www.foxbusiness.com/

Trump promises to halt taxes on Social Security,




Tuesday, July 23, 2024

Changes Are Coming to How You Access Social Security’s Online Services

Changes Are Coming to How You Access Social Security’s Online Services

Snippet of Article: "...changes to the way you access Social Security’s online services, including your personal my Social Security account. The changes will simplify your sign-in experience and align with federal authentication standards. At the same time, we’re continuing to provide safe and secure access to our online services. If you created your my Social Security account before September 18, 2021, you will still be able to use your username and password to sign in. However, you will not be able to do so for much longer. ..."

Source: ssa.gov

Social Security,




Wednesday, March 20, 2024

Will Democrats Block This? A bill to eliminate taxes on Social Security benefits has been reintroduced

A bill to eliminate taxes on Social Security benefits has been reintroduced

Snippet of Article: "...reintroduced legislation, dubbed the “You Earned It, You Keep It Act,” that would repeal the taxation of Social Security benefits, putting money back into the pockets of retirees. ..."

Source: www.msn.com

Who will help retirees?




Sunday, October 22, 2023

Here's the Average Social Security Retired Worker, Disabled Worker, and Survivor Benefit for 2024

Here's the Average Social Security Retired Worker, Disabled Worker, and Survivor Benefit for 2024

Snippet of Article: "...As of September, nearly 50 million retired workers were receiving a monthly Social Security check. Prior to applying the 3.2% COLA, these retirees were expected to bring home an average of $1,848 per month. But after the 3.2% increase, the average retired worker will see their payout rise $59 per month to a Social Security Administration (SSA)-estimated $1,907/month.

Over 7.4 million workers with long-term disabilities are receiving a monthly Social Security benefit as well. By the end of the year, the SSA estimates that the average disabled worker will collect..."

Source: www.nasdaq.com

Social Security, 2024 Average Social Security Benefit,

Tuesday, January 31, 2023

Buying the vote: Democrats propose federal worker 8.7% pay raise in 2024 ...but nothing for retirees

Democrats propose federal worker 8.7% pay raise in 2024

Snippet of Article: "federal workers an 8.7% pay raise in 2024, a raise they say is needed because they suffered through both the COVID pandemic and the Trump administration. ..."

Source: yahoo.com

Snubbing Retirees, Anti-Retiree Administrations,Biden Legacy,Destruction of Postal and federal retirees,Social Security, OPM Pensions for postal and federal FERS retirees, FERS vs CSRS,

Monday, September 26, 2022

Social Security could be a ‘front-burner issue’ in November’s election

Social Security could be a ‘front-burner issue’ in November’s election. How the results may influence the program

Snippet of Article: "More than 65 million Americans currently rely on monthly Social Security checks, including retirees, spouses, widows and widowers, children and disabled workers. Then, the results of the Nov. 8 ballots could mark a shift for the Social Security agenda...."

Source: www.cnbc.com

Social Security

Tuesday, February 9, 2021

People Born In 1960 Face Huge Permanent Social Security Benefit Reductions

People Born In 1960 Face Huge Permanent Social Security Benefit Reductions

Snippet of Article: "...feature in the Social Security benefit formula that makes the critical calculation of an individual's initial Social Security retirement benefit (which is linked to the year that workers turn age 60) is sensitive to economic recessions. Known as the average wage index (AWI)..."

Source: Rocket City News

Social Security, Social Security COVID Correction and Equity Act,

Sunday, November 22, 2020

Born in 1960? Your Social Security Retirement or Disability Benefits Could Take a Hit

Born in 1960? Your Social Security Retirement or Disability Benefits Could Take a Hit

Snippet of Article: "...Roughly 4 million people born in 1960 could see a big drop in their Social Security retirement or disability benefits if Congress doesn't act to fix this year's glitch in how benefits are calculated. Like seemingly everything else in 2020, the pandemic is largely to blame..."

Source: www.aarp.org

will Biden help those born in 1960?,Social Security,Biden Legacy,Coronavirus,COVID-19,Pandemic,

Thursday, September 12, 2019

Sen. Warren wants to increase Social Security benefits my making wealthy pay fair share

Expanding Social Security

Snippet of Article: "...We need to get our priorities straight. We should be increasing Social Security benefits and asking the richest Americans to contribute their fair share to the program. For years, I’ve helped lead the fight in Congress to expand Social Security. And today I’m announcing a plan to provide the biggest and most progressive increase in Social Security benefits in nearly half a century. My plan: Increases Social Security benefits immediately by $200 a month — $2,400 a year — for every current and future Social Security beneficiary in America. Finances these changes and extends the solvency of Social Security by nearly two decades by asking the top 2% of families to contribute their fair share to the program..."

Source: medium.com

Monday, September 2, 2019

Retirement News: When Do I Stop Paying Social Security Tax?

When Do I Stop Paying Social Security Tax?

Snippet of Article: "...Whether you're salaried or self-employed, you must generally contribute throughout your entire working life. There are, however, a few exceptions..."

Source: www.investopedia.com

Sunday, August 25, 2019

Possible Relief from Social Security cuts for certain retirees (WEP)

Social security relief for federal retirees, and other bills to watch after August recess

Snippet of Article: "...Lawmakers have been trying for more than a decade now to address the Windfall Elimination Provision (WEP), a complicated relic from a 1983 law that reduces Social Security benefits for..."

Source: federalnewsnetwork.com

Tuesday, February 19, 2019

Support This Now: New Social Security Legislation Introduced

New Social Security Legislation Introduced

Snippet of Article: "...This looming problem is due to the cap on payroll taxes at $132,900, meaning each person only pays the 12.4 percent Social Security tax up to that amount, no matter how much income they earn. The vast majority of workers pay the full 12.4 percent on most of their income – Jeff Bezos, by comparison, pays about .00028 percent of his income. Sen. Sanders’s bill, first introduced in the Senate in 2017, would remove this cap, and require those making over $250,000 per year to pay full Social Security taxes. The bill also includes a new 6.2 percent tax on single people with investment income above $200,000 and couples above $250,000. In addition to keeping Social Security fully solvent, the bill would increase benefits for all Social Security recipients, provide higher cost-of-living..."

Source: www.apwu.org

Expand Social Security Act, Social Security, Bernie Sanders,

Thursday, April 7, 2016

Retirement Planner: Windfall Elimination Provision (WEP)

Retirement Planner: Windfall Elimination Provision (WEP)

Snippet of Article: "...A pension based on earnings not covered by Social Security can affect the amount of your Social Security benefit. We do not know whether you are eligible for such a pension, so the benefit estimates you have received may not have been adjusted for such a possibility.

Our Windfall Elimination Provision factsheet explains whether you might be affected.
How WEP Can Affect Your Benefit

If you think your pension will affect your Social Security benefit, you can

Look at our WEP chart to see..."

Source: www.ssa.gov

Sunday, February 21, 2016

Koch brothers to spend some $900 million to cut Social Security, Medicare, federal aid to education, and environmental programs through campaign donations/money says Sanders

Charles Koch agrees ...

Snippet of Article: "...'The Koch brothers – second-wealthiest family and extreme right-wing family – they also have one vote, but they are going to spend some $900 million in this campaign to try to elect candidates who will cut Social Security, Medicare, federal aid to education, and environmental programs,' Sanders said to students at George Mason University in November..."

Source: www.csmonitor.com

Koch brothers, Charles Koch, Social Security, Medicare, federal aid to education, environmental programs,

Tuesday, January 19, 2016

BERNIE SANDERS: Let me give you an idea of how corrupt this system is

Bernie Sanders to Hillary: Goldman Sachs Gave You Over $600,000 In Speaking Fees In One Year

Snippet of Article: "...The leader of Goldman Sachs is a billionaire who comes to Congress and tells us we should cut Social Security, Medicare, and Medicaid. Secretary Clinton, and you're not the only one, I don't mean to just point the finger at you, you've received over $600,000 in speaking fees from Goldman Sachs..."

Source: www.realclearpolitics.com

Congress, corruption, Social Security, Medicare, Medicaid, Hillary Clinton,

Thursday, August 23, 2012

Social Security of Federal retirees can be docked for unpaid student loans

Article Title: Feds Dock Social Security for Unpaid Student Loans

Snippet of Article: "...the federal government is withholding money from a rapidly growing number of Social Security recipients who have fallen behind on federal student loans. From January through August 6, the government reduced the size of roughly 115,000 retirees' Social Security checks..."

Source: socialsecuritynewsgroup.blogspot.com Social Security

Wednesday, November 30, 2011

Weakening of the federal retirement safety net

Article Title: Baby Boom Retirement: Financial Security Fades

Snippet of Article: "...it's vital to fend off any weakening of the federal retirement safety net..."

Source: www.theledger.com
federal retirement safety net, Medicare, Social Security,,