Social Security Increases: 3 Million Americans Get a Spring Boost

Approximately 3 million Americans could see an increase in their Social Security benefits starting in April. Why It Matters In January, two provisions—namely the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—were implemented, which decreased Social Security benefits...

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Living in Any of These 41 States? Get the Scoop on Social Security Taxes

At the beginning of September, approximately 54 million Americans were receiving Social Security retirement benefits. For numerous individuals, this program serves as their primary source of income during retirement, which underscores its significance and effectiveness as one of the nation’s key social...

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Should You Apply for Spousal Social Security Benefits? Know These 3 Key Points First

Social Security benefits form a crucial part of the majority of retirement strategies, yet spousal benefits aren't getting sufficient recognition. A lot of individuals aren't aware that they have the option to stake a claim on retirement benefits through their partner’s earning record, which could...

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EU Pledges €46M to Boost Social Protection in Nigeria

ABUJA The European Union in Nigeria has provided a donation of €46 million to support the "Sustainable Social Protection System in Nigeria" program. This disclosure occurred during the program’s unveiling at the United Nations House in Abuja. The initiative program developed by the Federal Ministry of Budget and Economic Planning (FMBEP) along with the European Union (EU) aims at addressing...

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41 States Where Social Security Benefits Go Untaxed

Contrary to the popular misconception, Social Security income can be taxed. Social Security beneficiaries who have substantial other sources of income can have as much as 85% of their benefits included in their taxable income calculation. In fact, tax on Social Security benefits is a major...

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