Millions of Social Security recipients in the U.S. recently received unexpected payments, some totaling over $6,700, due to the Social Security Fairness Act signed by former President Joe Biden on January 5. This act eliminated the Windfall Elimination Provision and Government Pension Offset, which had previously reduced benefits for certain retirees without Social Security-covered pensions. Beneficiaries can expect these one-time payments to have mostly been issued by the end of March, with higher monthly benefits starting in April. The initiative aims to ensure that eligible individuals receive their due benefits more quickly.
