President Biden signed legislation into law over the weekend to expand Social Security benefits for droves of Americans. The measure, dubbed the Social Security Fairness Act, repeals two tax rules

Key Takeaways President Joe Biden signed the Social Security Fairness Act into law on Sunday after the Senate passed the bill with bipartisan support in December.The new law eliminates two provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that reduced Social Security benefits for public sector workers who

The signing of the Social Security Fairness Act repeals two stipulations that limited Social Security benefits for some recipients. The measure would repeal provisions that reduce certain Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, according to the bill summary.