Retirees looking forward to increased benefits because of the Social Security Fairness Act may now have to wait more than one year due to reduced funding for the Social Security Administration (SSA).

That's why delaying Social Security means taking a risk. And you'll need to decide whether waiting is worth it. If your health is fantastic, it could make sense to sit tight and claim benefits beyond full retirement age. But if you're worried about doing that, or your health isn't stellar, then an earlier filing could be more suitable.

Social Security payments typically begin on the second Wednesday of every month, and the following waves go out in the subsequent weeks.

Fact checked by Vikki Velasquez In January 2025, former President Joe Biden signed the Social Security Fairness Act into law. The new legislation terminated two rules that reduced Social Security benefits for millions of retirees.

More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,

Millions of Social Security recipients impacted by the Social Security Fairness Act could have to wait up to a year for their benefits to increase, the Social Security Administration (SSA) has said. In January,

The Social Security Fairness Act is adding to the workload of a federal agency already short on staff, it says in urging patience.

Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments.

Hundreds of thousands of public employees − including at CSU and Poudre School District − stand to get a Social Security boost from a federal change.

There's a magic number to know that can help you maximize your Social Security income when you are ready to retire. Trending Now: Need to Cut Expenses While on Social Security? Here's the First