What new legislation has come out about social security?

Answer by  patti (29325)

The Social Security Fairness Act hopes to prevent pension payments and windfalls (inheritance, etc) from having SS benefits decreased as a result. The proposed act is complex and convoluted as is any legislation, but essentially it's to keep benefits consistent.

Answer by  Atomicrayon (2504)

There was a recent change that will affect how you receive both medical and federal tax breaks involving your social security funds. It's to protect you from identity theft and fraud.

Answer by  tamarawilhite (17883)

The retirement age is creeping up. This is due to longer life expectancy, and the government cannot afford to pay benefits for more years than someone paid in.