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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The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...
The Social Security landscape in the United States is undergoing significant changes, impacting millions of beneficiaries.
The Social Security Fairness Act, in effect since January 2024, repeals two provisions that reduced Social Security benefits for millions of people, the WEP or Windfall Elimination Provision ...
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.
As of June 2025, many retirees are noticing an increase in their Social Security payments. This change comes as a result of the Social Security Fairness Act, signed into law on Ja ...
Early this year, near the end of his term in office, President Biden signed the Social Security Fairness Act, a law that ended the Windfall Elimination Provision and Government Pension Offset ...
A new law passed in January provides nearly 3 million people with Social Security benefit increases. In a new update, the Social Security Administration says 91% of adjustments have been processed.
Earlier this year, Biden signed a bill that boosted Social Security payments for nearly 3 million people. Here’s an update on the expanded 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.