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Article Summary
  • The Social Security Fairness Act has passed in the House and awaits Senate approval
  • The act aims to address Social Security benefit disparities for certain groups of retirees
  • The bill would impact those affected by the Windfall Elimination Provision and Government Pension Offset
  • Supporters of the bill argue that it would provide more equitable benefits for retirees
  • The bill has bipartisan support but may face challenges in the Senate Tone: informative and balanced
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United States of America
  Orlando Sentinel     1 hour ago
The Savings Game: Social Security Fairness Act Passes House, Needs Senate Approval
Most Americans have jobs that withhold payroll taxes (aka FICA taxes) that contribute to the Social Security system, and when they reach retirement age they are able to claim a Social Security benefit based on their earnings. Other people work at jobs that are not within the Social Security system, meaning no Social Security taxes are paid that accrue to a future benefit. But some people spend eno...
https://www.orlandosentinel.com/2024/11/27/the-sav...
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