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.

The Windfall Elimination Provision is designed to calculate her Social Security benefit as if she is a high earner at $125,000 all in the Social Security system.

Photo: 401kcalculator.org via Flickr. The Windfall Elimination Provision is designed to prevent people who didn't pay Social Security tax on the majority of their income from receiving ...

Two competing proposals in Congress address Social Security provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that affect workers who have worked in ...

The windfall elimination provision: Public, ... Social Security – Simple and Smart: 10 Easy-to-Understand Fact Sheets That Will Answer All Your Questions, is available at Amazon.com.

The windfall elimination provision was introduced in 1983 as a benefits safeguard. It prevents certain workers from collecting full Social Security benefits in addition to a pension, without ...

There is a companion law called the “windfall elimination provision,” more commonly known by its acronym, WEP, which usually reduces any Social Security retirement benefits earned at side jobs ...

The windfall elimination provision reduces the first of those percentages. How much the SSA reduces it depends on how many years you paid Social Security taxes.

The Windfall Elimination Provision will not reduce your Social Security benefit by more than half of your pension for post-1956 earnings on which you didn't pay Social Security tax.

A few weeks ago, I wrote a column about something called the “government pension offset.” It is a law that essentially says this: If you get a pension from a ...