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.

I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need some extra cash. I haven’t yet filed for my retirement benefits and would like to find out if this ...

Dear Liz: Because of the Social Security Fairness Act, my wife got a huge lump sum check (catchup, I suppose) and will now get monthly Social Security benefits. This is good news and bad news, ...

You can get up to six months of retroactive benefits in a lump sum from Social Security, but should you?

The Social Security Fairness Act was passed with an overwhelming bipartisan majority and signed into law on Jan. 5, 2025, by President Joe Biden. Now, several senators are calling on the Social ...

I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need some extra cash. I haven’t yet filed for my retirement benefits and would like to find out if this ...