Sunday, January 15, 2023

Social Security: What is the Windfall Elimination Provision & How Does it Affect Your Benefits?

Social Security: What is the Windfall Elimination Provision & How Does it Affect Your Benefits?

Article Excerpt: "...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 disability benefit if you receive a pension from a job in which your employer hadn’t withheld Social Security taxes from your salary...."



Resource: yahoo.com