The Social Security landscape in the United States is undergoing significant changes, impacting millions of beneficiaries.

The Windfall Elimination Provision reduced benefits for certain workers, but its repeal by the Social Security Fairness Act could change how you plan for retirement.

It will undoubtedly take time to implement this new law as it impacts about two million beneficiaries who have their earned Social Security benefits reduced because of the WEP, and close to ...

Retirement planning can be complex, especially when navigating Social Security intricacies like the Government Pension Offset (GPO) and Windfall Elimination Provision (WEP). Dana Anspach, CEO of ...

The windfall elimination provision (WEP) is a rule that requires the Social Security Administration to reduce Social Security retirement benefits for people who also receive money from certain ...

Now, more than 40 years after WEP was enacted, the Social Security Fairness Act has rolled it back. With bipartisan support, the act was signed into law on Jan. 5, 2025.

The key to understanding WEP is to realize that the word “social” in Social Security means something. Unlike private and other public sector pension plans, there are social goals built into ...

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.

Resource and noncitizen rules for SSI. In addition to income, SSA looks at assets, or "resources." To qualify in 2025: Individuals must not have more than $2,000 in countable assets.