The question of whether retroactive Social Security payments still exist is highly relevant, especially with recent legislative changes affecting millions of retirees. The direct answer is yes, ...

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

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.

Image shows a Social Security Administration building. A new bill aims to repeal the windfall elimination provision. The WEP effectively reduces Social Security benefits for certain retirees or ...

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

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 ...

If you are eligible for a pension and you did not pay Social Security taxes during any ... The reduction is referred to as the Windfall Elimination Provision. WEP doesn’t really affect all ...

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 ...

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.

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.