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The Windfall Elimination Provision - Plus the Two Most Common Ways to Sidestep
If you have a pension from a job where you did not pay Social Security taxes, you need to know about the Windfall Elimination Provision! It’s unfortunate, but you CANNOT expect the Social Security Administration to tell you how this will impact you. This means that the burden is on YOU to fully understand how this provision works and how you ...
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The Social Security Fairness Act explained
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Windfall Elimination Provision: Two thirds of your Social Security must be reduced by the amount of your government pension. If your pension is $600 per month, your Social Security is reduced by $400 per month. This also impacts disability. If you have 30 years paying into Social Security WEP is eliminated! | Sylvia Gordon
0:58
Windfall Elimination Provision: Two thirds of your Social Security must be reduced by the amount of your government pension. If your pension is $600 per month, your Social Security is reduced by $400 per month. This also impacts disability. If you have 30 years paying into Social Security WEP is eliminated! | Sylvia Gordon
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