Key Points The recently passed Social Security Fairness Act resulted in some key changes. Two provisions that previously cost ...

The Windfall Elimination Provision is in place to ensure the fairness of Social Security benefits to all retirees. Specifically, it provides for a different benefit calculation formula for certain ...

Affecting a small percentage of Social Security beneficiaries, the Windfall Elimination Provision (WEP) is a modified benefit formula that can reduce the size of your Social Security retirement or ...

This June 2025, millions of retirees in the United States will see a significant boost in their monthly Social Security ...

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. Whether you think this is fair or ...

Some 2.8 million Americans may be eligible to receive an increase in their monthly Social Security benefits. Are you one of ...

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 ...

(a bill to amend title II of the Social Security Act to repeal the Government Pension Offset and Windfall Elimination Provisions). The motion was agreed to with 73 yeas and 27 nays which could ...

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 ...

Legislation recently introduced by U.S. Rep. Kevin Brady (R-Texas) aims to nix the windfall elimination provision (WEP) and replace it with a new formula for calculating the Social Security ...