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The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...
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.
In January, prior to stepping down from office, former President Joe Biden signed into law the Social Security Fairness Act. As a result, two provisions – the Windfall Elimination Provision (WEP) and ...
The Social Security landscape in the United States is undergoing significant changes, impacting millions of beneficiaries.