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2. Are Your Social Security Payments Lower? Here’s Why ... - AOL

   www.aol.com/social-security-payments-lower-why...

   Government pension: Your Social Security payment might be reduced if you have a pension and are covered by the Windfall Elimination Provision, which can reduce retirement or disability benefits if ...

3. Social Security Fairness Act could restore benefits, but ...

   www.aol.com/social-security-fairness-act-could...

   It may decrease their Social Security payments by up to half the value of their pension. For example, Michelle Cosgrove's benefits will be cut nearly in half — reduced by $557, to $601.

4. Are Your Social Security Payments Lower? Here’s Why ... - AOL

   www.aol.com/social-security-payments-lower-why...

   Most retirees live on fixed incomes, usually through a combination of Social Security payments and retirement account withdrawals. This puts a premium on sticking to a monthly budget to ensure your...

5. Social Security Fairness Act: What Will Happen to Your ... - AOL

   www.aol.com/finance/social-security-fairness-act...

   The Social Security Fairness Act (SSFA), which was recently signed into law on Jan. 5, by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income ...

6. Retired & Feeling Pinched By Smaller Social Security Payments ...

   www.aol.com/why-retirees-feeling-pinched-social...

   “While Social Security recipients are looking forward to an 8.7% increase in Social Security benefits in January, inflation in 2022 has taken a toll on retiree budgets,” the group’s ...

7. Social Security News: Why the Boost for Senior Citizen ... - AOL

   www.aol.com/social-security-news-why-boost...

   For example, in 2023, about 70 million Americans receiving Social Security benefits saw an 8.7% increase in payments due to cost-of-living adjustments. This was a particularly large increase that ...

8. Just How Worried Should You Be About Social Security Cuts ...

   www.aol.com/just-worried-social-security-cuts...

   Other ideas include raising the full retirement age or reducing benefits for the highest-earning individuals, both of which would decrease Social Security's spending. These solutions are not quite ...

9. The 3 Biggest Changes Made to Social Security in 2024 ... - AOL

   www.aol.com/finance/3-biggest-changes-made...

   As AARP explained, Social Security benefits are largely funded via payroll taxes — and that tax rate is 12.4% of earnings. While in 2023 earnings up to $160,200 were subject to this tax, in 2024 ...