The Social Security Fairness Act repeals two provisions that will give qualifying individuals more money and potential back payments. Here's what you should know.

Qualifying for Social Security benefits in retirement generally goes something like this: Work and pay taxes on your income. Accumulate at least 40 work credits in your lifetime. Sign up for benefits whenever you want starting at age 62.

As January 2025 payments wrap up, the Social Security Administration (SSA) gears up for February disbursements.