While Americans have been paying into the system for years, the Social Security Administration is scheduled to run out of ...
The House is expected to try next week to pass a Social Security-related bill to ensure benefits for workers who are also ...
In a surprising turn of events, the House is set to attempt passing a crucial Social Security-related bill next week. This ...
The Issue Eliminating Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) would create an unequal benefit structure and hasten Social Security’s insolvency.
There are two main Social Security rules involved when dealing ... The first rule is the windfall elimination provision or WEP (which applies to one’s own benefits) and the second main rule ...
Aldeman: 40% of school workers aren't in the system. Swapping pensions for full coverage would be fairer, and many employees would be better off.
Lawmakers in the House finally seem set to pass legislation to repeal two controversial tax provisions that affect some ...
This proposal would eliminate Social Security’s windfall elimination provision and government pension offset, a change that would cost the cash-strapped program $196 billion over the next decade.
Let's take a look. The Social Security Fairness Act is looking to eliminate two provisions: The Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The WEP lowers Social ...
Its purpose was to remove an unintended advantage or “windfall” that ... to enact a change in either provision. That was, until this year. The Social Security Fairness Act, reintroduced ...
Get a second job. Understand the Windfall Elimination Provision. The first step for planning for a retirement without Social Security is to understand what your pension provides. "Understand the ...
That group could lose up to two-thirds of their retirement earnings under the current system, but help may be on the way from Washington.