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The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.
In 2024, HR 82, the Social Security Fairness Act—repealing the WEP—passed both houses of Congress, and was signed by President Joe Biden on January 5, 2025. [ 11 ] According to the Congressional Research Service, approximately 2.1 million people were affected by the WEP as of December 2023.
1980 - Reallocation of Social Security Taxes Between OASI and DI Trust Funds, Pub. L. 96–403 1980 - Retirement Test Amendments, Pub. L. 96–473 1981 - Omnibus Budget Reconciliation Act of 1981 , Pub. L. 97–35
Even though supporters of the Social Security Fairness Act argue it will only drain the Social Security fund six months earlier than otherwise expected, some critics believe there are better ...
The Social Security Administration says the program should replace about 40 percent of your pre-retirement income. In short, you’ll need more income to maintain your standard of living.
Beneficiaries of Social Security and Supplemental Security Income (SSI) may have received overpayment notices or experienced reduced benefits after receiving funds from three rounds of stimulus ...
This is a list of Social Security lawsuits. Astrue v. Capato (2012), a case in which the Supreme Court of the United States held that children conceived after a parent's death are not entitled to Social Security Survivors benefits if the laws in the state that the parent's will was signed in forbid it; Bowen v.
Discover: 27 Ugly Truths About Retirement. Meanwhile, a plan released last summer by the Republican Study Committee would realign the Social Security full retirement age to account for increases ...
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