Dear Rusty: I don’t understand exactly how the Windfall Elimination Provision works for my situation. I turned 62 in 2017 and am currently still working in a “non-covered” job, not paying into Social ...

The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.

Two new reports spend a good deal of time examining the solvency of the Social Security program. While Social Security's finances have been on the fritz for quite some time, the situation appears ...

The Windfall Elimination Provision (WEP) penalized certain retirees. “Right now, WEP can reduce your Social Security benefit if you also get a pension from non-covered work,” Ray explained.

Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...