Retirees could earn more retroactive lump sum payments for the time they missed out on the benefits.
The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about reporting that income to the IRS.
The Windfall Elimination Provision (WEP) is a critical formula that can reduce your Social Security retirement benefits if you receive a pension from employment where Social Security taxes were not ...