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.

Nevertheless, due to the way Social Security calculates the WEP reduction, the reduction from your current amount will seem larger than the WEP maximum. And that’s because of the way Social Security ...

There is a companion law called the “windfall elimination provision,” more commonly known by its acronym, WEP, which usually reduces any Social Security retirement benefits earned at side jobs ...

April marks the first month that boosted benefits will be paid out to those who were formally impacted by the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).

A recent law undid two provisions that reduced benefits for some public service employees. Millions are getting one-time retroactive payments, averaging $6,710 each.

If you have 21 to 29 years of substantial earnings, the 90% factor is reduced to between 45% and 85%. If the WEP was still in effect, the maximum reduction in 2025 would have been $613 a month.

Learn how the Social Security Fairness Act may increase your retirement benefits by eliminating the Windfall Elimination Provision and the Government Pension Offset.

The Savings Game: How the repeal of WEP and GPO will be implementedOn January 5, President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and ...

The Social Security Fairness Act of 2023 was signed into law on Jan. 5, 2024, repealing the WEP and GPO. This 2022 article explains everything you need to know about the WEP and GPO.

Since 1983, the WEP and GPO have reduced the Social Security benefits for some public sector workers. Congress passed the Social Security Fairness Act to repeal the WEP and GPO entirely.

Hamill said people are eager for details about the WEP elimination. “Some of our clients, even prospects, are calling me saying, ‘When can I expect my additional money?’” he said. The U.S. government ...