Over 3 Million Retirees' Social Security Benefits Are About to Increase -- Here's What You Need to Know
The Social Security Fairness Act could give some retirees a big raise.
The Social Security Fairness Act was signed into law a month ago, and as a result, the Social Security benefits of 3.2 million people are set to rise. In this video, Certified Financial Planner® Matt Frankel discusses who is going to benefit from the new law, how much benefits could go up, and when it could happen.
*Stock prices used were the morning prices of Feb. 5, 2025. The video was published on Feb. 6, 2025.
