Not many people will qualify for the maximum possible benefit, but everyone can learn from what it takes to max out Social Security.

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

Spousal Social Security benefits can be a vital source of income for married couples where only one spouse worked or one significantly outearned the other. They can supplement a household's income with thousands of dollars per year to cover living expenses.

Note, too, that there are multiple ways to increase your Social Security benefits, such as delaying claiming them. Another smart move is setting up a my Social Security account at the Social Security Administration (SSA) website,

Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses and survivors. The outgoing president said more than 2.5 million Americans will receive a lump sum payment worth "thousands of dollars" to compensate for the benefits they should have received last year.

As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social Security changes this year.

Millions of retirees will see an increase in Social Security benefits after President Joe Biden signed a bill. Here's how benefits will change.

Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.

President Joe Biden recently signed the Social Security Fairness Act into law. This legislation expands Social Security benefits for millions of retired Americans. It will provide an average monthly increase of $360 for more than 2.

President Joe Biden is set to sign the Social Security Fairness Act (H.R. 82) this Monday, a landmark reform aimed at rectifying long-standing provisions that have reduced retirement benefits for public employees in the United States and Puerto Rico.