Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without ...
Prescott eNews1d
The Social Security Fairness Act: A $200 Billion Boondoggle – Social Security and You
The Windfall Elimination Provision said that Social Security retirement ... It has increased $5,400 since 2022. Now, a cop in a large city can potentially reach these numbers if they work 70-80 ...
Hosted on MSN3d
Social Security's WEP and GPO: How do they affect you and what can you expect?
Two key provisions, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), have historically ...
WTOP News13d
Social Security Fairness Act: What It Is and Will It Affect You
That’s because of two provisions of law: the Windfall Elimination Provision and the Government ... were subject to WEP reductions in 2022. Meanwhile, nearly 13% of spousal and survivor ...
Yahoo14d
Local public employees celebrate repeal of Social Security windfall provision
The legislation repeals the punitive Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which has prevented teachers, police officers, firefighters and other public service ...
Yahoo15d
More than 100,000 Ohio retirees, public workers to get more money from Social Security
The Windfall Elimination Provision had reduced Social Security for those who received "non-covered" pension income from public sector jobs that didn’t contribute to Social Security. The ...
Newsweek16d
Will the Social Security Fairness Act Bankrupt SSA Trust Funds?
President Joe Biden signed the Social Security Fairness Act on January 5, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and so opening up higher benefit ...
Northcountrypublicradio.org17d
Millions of public workers are set to get higher Social Security benefits. Here's why
The legislation rescinds the Windfall Elimination Provision and the Government Pension Offset, which were enacted over 40 years ago. The Windfall Elimination Provision trimmed benefits for public ...