From Yahoo Finance: 2025-03-20 05:00:00

Retirement boost for over 3 million Social Security recipients impacted by the Social Security Fairness Act signed by Biden. Monthly benefits increased for certain workers with side jobs. A lump sum back payment to adjust benefits to January 2024 will be deposited by the end of March.

Major changes to Social Security benefits with the elimination of the Windfall Elimination Provision and Government Pension Offset. A little boost for retirees to receive higher monthly benefits. 72% of state and local public employees unaffected by the changes.

New Social Security Administration process requires online verification for applying or checking benefits. Those without internet access face obstacles, especially in rural areas. Field office visits now required, leading to longer wait times and economic hardships for some seniors and people with disabilities.

Closure of 47 local Social Security offices expected due to efficiency audit. Seniors and those with disabilities face technical hurdles in accessing their benefits. Advocates express concerns over the impact on those who rely on in-person services for assistance.

Read more: Some retirees will see bump in Social Security benefits starting next month