It has nothing to do with Social Security's funding crisis. Instead, the Social Security Fairness Act will increase benefits for 2.8 million Americans that some say have had their checks unfairly reduced over the years. As a result, these seniors are now entitled to back pay. Here's what we know so far.

President Joe Biden recently signed the Social Security Fairness Act into law. This new legislation will have a big impact on retired teachers and other public sector workers. The law repeals two rules that have been in place for decades: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).

The Social Security Fairness Act eliminates two provisions that reduced Social Security benefits for some retirees who also received pension income.

The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement, spousal, and survivors benefits. Before President Biden signed the Social Security Fairness Act into law, the OASI Trust Fund was expected to be insolvent by 2033, at which point only 79% of scheduled benefits would have been payable.

President Joe Biden signed one of his final pieces of legislation on Sunday, expanding Social Security benefits for millions of retired government workers initially denied these funds.

The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees today. Here is all you need to know about this month’s Social Security payments,

It's crucial to know how the program's spousal benefits work. Make sure you understand Social Security's do-over option. Be mindful of the program's earnings-test limits. Keep these important points on your radar.

This week, a select group of Social Security retirees in the United States will see their monthly payments rise to $5,000. Millions of beneficiaries will also experience a significant increase in their income,

Nearly 72.88 million Americans rely on Social Security for monthly income. The vast majority, about 65.5 million, collect Social Security benefits. Another 4.88 million receive Supplemental