The Social Security Fairness Act (SSFA), signed into law by President Biden in January 2025, eliminated two long-standing rules—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These rules had reduced Social Security benefits for over 3 million public employees, like teachers, police officers, and other government workers, who also received pensions from jobs that didn’t pay into Social Security. WEP reduced their personal benefits, while GPO reduced spousal or survivor benefits. The repeal applies retroactively to benefits starting in January 2024. David G. Freitag, CLU, ChFC, CRPC, and Bruce A. Tannahill, JD, CPA, AEP, discuss the implications for financial professionals and their clients in the current issue of the Journal of Financial Service Professionals.

NAIFA is proud to announce the launch of the new digital edition of the Journal of Financial Service Professionals (JFSP) that offers a range of innovative features designed to enhance the reader experience. This exciting development not only makes the JFSP more accessible and interactive to NAIFA members but also supports sustainability efforts by reducing NAIFA’s carbon footprint.