Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness Law will bring and the impact it could have on retirees.

Your full retirement age depends on when you were born. Those born between 1943 and 1954 reached full retirement age at 66.

The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments.

The Social Security Fairness Act, which was sponsored with bipartisan support, passed through Congress at the end of December, with a 76-20 vote in the Senate. The law has received mixed responses ...

The Social Security Fairness Act makes it possible for those who opted out of Social Security at some point during their career to receive more retirement benefits. It does this in two ways. First, it ...

In her spare time, she's in her kitchen, trying a new baking recipe. Social Security beneficiaries need their benefit statement from the IRS to file a return. This document also helps you figure ...

According to a formula outlined in the Social Security Act, COLAs are based on increases in the CPI-W. Specifically, a COLA is equal to the percentage increase in the CPI-W from the average for ...

All financial plans are important, but Social Security benefits play a profound role in preventing elderly poverty and are paid out at an important stage in a worker’s life. As the Social ...

The Social Security Fairness Act eliminates two federal policies that barred employees with a public pension from collecting their full benefits under the federal retirement program and that ...

Millions of Americans will now see their Social Security benefits increase after President Joe Biden signed the Social Security Fairness Act into law on Sunday. The bill, which abolishes the ...

President Joe Biden signed a bill Sunday that boosts Social Security benefits for millions of public sector workers in what the White House described as the first expansion of such benefits in 20 ...

Advocates say the Social Security Fairness Act rights a decades-old disparity, though it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis. The bill ...