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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.
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 SSA has now confirmed it has sent out 3.1 million payments to those impacted by the Social Security Fairness Act.
Social Security changes slightly every year, undergoing adjustments that can significantly affect individuals receiving ...
The Social Security Administration says it has processed 2.5 million retroactive payments to people previously locked out of retirement benefits.
The Social Security Fairness Act, which was passed in January, repealed both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). This change controversially increased ...
Social Security benefits will be depleted in 2033, according to SSA’s latest trustees report, and retirees will need extra ...
Social Security and Medicare are facing mounting financial challenges, with both programs projected to fall short of paying ...
The Social Security Fairness Act went into effect in Feb 2025 and the SSA has been sending billions in retroactive payments and benefit adjustments to qualifying individuals. The act gets rid of two ...