WEP-GPO Bill Set for Final Vote Today

Via Unanimous Consent Agreement, the Senate voted yesterday to move H.R. 82 (Social Security Fairness Act of 2023) to a final vote today. The agreement overcame intense discussions on the lack of offsets to the bill’s nearly $200 billion price…

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Life Expectancy, A Critical Piece of the Social Security Solvency Puzzle, Rising Again

Yesterday, the Centers for Disease Control and Prevention (CDC) released statistics indicating nearly a year of growth in Americans’ expected lifespan. Longevity, of course, is a major factor in the long-term financing of Social Security, presenting a challenge to ensure…

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WEP-GPO Debate Enters a New Stage as the Clock Winds Down

As noted in yesterday’s headline post on this website, the rush to obtain a Senate vote on the bill to repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) is hitting some roadblocks. The latest, as explained…

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WEP-GPO Repeal Effort–Hitting Some Rough Waters?

As the countdown continues toward the end of the 118th Congress and the potential vote on S.597 (Social Security Fairness Act), it appears some opposing views are surfacing. The most recent to hit the internet is an analysis by a…

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A Deeper Dive Into the Idea of Eliminating Seniors’ Tax on Social Security Benefits

It often comes as a tax season surprise for new Social Security beneficiaries. For current beneficiaries, it’s an annual annoyance. No matter how it surfaces in your financial management process, it’s something you notice, and typically not in a favorable…

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“Ask Rusty – Have I Saved Social Security Money by Claiming at 62?”

Dear Rusty: I had to start collecting Social Security at 62, and I am 75 now. I believe that in the last 13 years I have saved Social Security money, so I do not know why I cannot draw my…

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