The Social Security Fairness Act (SSFA), enacted on January 5, 2025, marks a significant shift in Social Security benefits, ...

Q. I receive a significant pension from work I have done outside of Social Security. I have not worked enough hours under ...

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 majority of affected beneficiaries already began receiving their increased monthly benefit amounts in April.

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

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 ...

The Social Security Fairness Act gets rid of two long-standing laws: the Windfall Elimination Provision (WEP) and the ...

That’s what the windfall elimination provision does. When that WEP formula is applied to my Social Security computation, it gives me the roughly 40% return rate rather than the 90% rate intended ...

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 ...

The reduction is referred to as the Windfall Elimination Provision. WEP doesn’t really affect all that many retirees. In 2018, for instance, just 1.8 million retirees, ...

The windfall elimination provision (WEP) is a formula that effectively reduces Social Security and disability benefits for certain retirees who receive a pension during retirement, ...