Public sector retirees, spouses' or surviving spouses' benefits will be delayed until further notice. The SSA must manually ...
Though Congress acted on a bipartisan basis last year to pass legislation ending two controversial tax provisions that ...
Two key provisions, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), have historically ...
two provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that reduced Social Security benefits for millions of workers were repealed after bipartisan ...
The WEP impacted individuals’ direct Social Security benefits ... the individual worked in non-covered employment. The maximum reduction during 2024 was $587 per month (or, if the individual ...
The law eliminates two Social Security policies that reduced benefits for retirees with a public pension: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO).
that had reduced, or eliminated entirely, some Americans’ Social Security benefits. The WEP affected the retirement and disability payments paid by the SSA to state and federal employees ...
On January 5, President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions of Social Security ...
With the 2025 Social Security COLA now in effect, the maximum possible benefit for retirees has increased. In this video, Certified Financial Planner® Matt Frankel discusses what the maximum benefit ...
WEP reduced eligible retirement benefits based on the number of years the individual worked in the private sector and paid into Social Security. In 2025, the maximum reduction to benefits (which ...
According to the Social Security Administration, the agency is still “evaluating how to implement the act.” The repeal of the Windfall Elimination Provision and Government Pension Offset ...