The Social Security Fairness Act removed restrictions on benefits for people with government pensions. If you're one of them, ...

Social Security is a cornerstone of retirement planning for millions of Americans, providing a vital safety net for seniors, ...

The Windfall Elimination Provision (WEP) affects how the Social Security Administration calculates benefits for individuals receiving pensions from employment not covered by Social Security taxes ...

And that’s what the windfall elimination provision does. When that WEP formula is applied to my Social Security computation, it gives me the roughly 40% return rate rather than the 90% rate ...

The Social Security Fairness Act, passed at the end of President Joe Biden’s term in 2024, removed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and made it ...

Although Congress has yet to act, it is well known that Social Security's rainy-day funds will soon run dry, and revenue from Social Security's payroll taxes will not be enough to cover projected ...

The Social Security Fairness Act, signed in January, eliminated the Windfall Elimination Provision and Government Pension Offset, which had reduced benefits for some public pension recipients.

The Social Security Administration (SSA) has issued an update for those who have not yet received expanded benefits following the passage of the Social Security Fairness Act earlier this year.

The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.

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.

The legislation passed Saturday by Congress eliminates two formula, known as the Windfall Elimination Provision and the Government Pension Offset, that reduced benefits for workers who paid into ...

The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.