Social Security Just Sent $7.5 Billion in Catch-Up Payments to Over 1 Million People. And There's More to Come.
The Social Security Fairness Act is being rolled out, and millions of retirees are getting checks.
The Social Security Fairness Act was passed last year and included a retroactive Social Security benefit increase for over 3 million beneficiaries. The SSA recently gave an update and revealed that more than 1 million people have already received $7.5 billion in catch-up payments, with much more on the way.
*Stock prices used were the morning prices of March 6, 2025. The video was published on March 7, 2025.
