Windfall | search
Click here to view Windfall news from 60+ newspapers.
Bookmark or Share- How Does the Windfall Elimination Provision Affect Your Benefits? - AARPSocial Security’s website provides a calculator to help you gauge the impact on your benefits from the Windfall Elimination Provision (WEP), the rule that reduces retirement benefits for workers who also collect a “non-covered” pension from a job in which they didn’t pay Social Security taxes. The provision affects about 2 million ...
- Does WEP Affect Social Security Survivor Benefits? - AARPThe Windfall Elimination Provision (WEP) can reduce Social Security retirement benefits for workers who also have pensions from employment where they did not pay Social Security taxes (as is the case, for example, with some state and local government jobs, and for federal civil servants such as postal workers who were hired before 1984).
- Does Military Retirement Pay Affect Social Security Benefits? - AARPUnlike some government pensions, military retirement pay is not subject to the Windfall Elimination Provision (WEP). This rule can reduce Social Security benefits for people who have pensions from “noncovered” jobs in which they did not have Social Security taxes withheld from their income but who also draw retirement benefits for other ...
- Does Receiving A Pension Affect Social Security? - AARPIf there was no such withholding, you may be subject to the Windfall Elimination Provision (WEP), which covers people who earned pensions from such "non-covered" jobs but also qualify for Social Security due to other work.
- What Is The Difference Between WEP And GPO? - AARPThe Windfall Elimination Provision may apply if you receive both a non-covered pension and Social Security retirement benefits. The WEP can reduce your benefit payment by as much as half the amount of your pension.
More
