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.

Mar 14, 2025 - 11:35
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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 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.

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