Jacksonville News

Historic Changes to Social Security: Social Security Fairness Act Signed Into Law

Jacksonville, FL – January 8, 2025 – The Social Security landscape is changing in a monumental way. On January 5, 2025, President Joe Biden signed the Social Security Fairness Act (H.R. 82) into law, providing long-awaited relief and fairness for millions of Americans impacted by outdated provisions. This legislation repeals both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), ensuring that public service workers such as teachers, firefighters, and police officers receive the full Social Security benefits they have earned. The law also provides retroactive payments for eligible beneficiaries dating back to January 2024. The Social Security Administration is actively working on implementation procedures. Beneficiaries are encouraged to ensure their MySocialSecurity accounts are up to date to avoid delays in processing these changes. How Kate Spilsbury and Mere Can Help You Navigate These Changes Kate Spilsbury, owner of Mere and a certified Registered Social Security Analyst® (RSSA®), is ready to assist individuals in understanding the implications of the Social Security Fairness Act and optimizing their benefits. “At Mere, we are passionate about helping people make informed decisions about Social Security. This new law is a game-changer for so many families, and we are here to ensure you navigate these changes smoothly, maximizing every benefit available to you,” said Kate Spilsbury. As an RSSA®, Kate specializes in Social Security planning, providing expert guidance to help individuals and families optimize their benefits. Whether you're approaching retirement, a public servant affected by the new law, or simply seeking clarity, Mere is here to help. Join Us for Free Social Security Educational Webinars Mere will be offering free educational webinars to provide deeper insights into the Social Security Fairness Act and answer common questions about Social Security planning. Details about these webinars will be available on our website at www.merebenefits.com. Additionally, Mere publishes a Social Security newsletter packed with valuable information, updates, and planning tips. Sign up for the newsletter on our website, call us at 904-654-5450, or email us at RSSA@merebenefits.com to stay informed. Key Highlights of the Social Security Fairness Act ? Repeal of the Windfall Elimination Provision (WEP): Eliminates reductions in Social Security benefits for individuals receiving pensions from non-Social Security-covered employment. ? Repeal of the Government Pension Offset (GPO): Ensures full spousal and survivor benefits without penalties for public service retirees. ? Immediate Impact: Millions of public service workers will see increases in their Social Security benefits. ? Retroactive Payments: Eligible beneficiaries may receive payments retroactive to January 2024. For personalized Social Security planning, expert guidance, and ongoing education, trust Mere to simplify the complexities and empower you to make the best decisions for your financial future. Visit: www.merebenefits.com Call: 904-654-5450 Email: RSSA@merebenefits.com