Though Congress acted on a bipartisan basis last year to pass legislation ending two controversial tax provisions that ...
Two key provisions, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), have historically ...
It could take a year or longer to fully implement the repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), says the Social Security Administration (SSA). The SSA has ...
Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the ...
President Biden signed the Social Security Fairness Act that repeals the Windfall Elimination Provision (WEP) and the ...
On January 5, 2025, the Social Security Fairness Act was signed into law, marking a major reform for public sector workers, ...
An important takeaway is that the WEP impacted benefits based on the individual’s own work record, while GPO impacted benefits based on the work and earnings of a spouse, ex-spouse or deceased ...
Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will ...
Investopedia spoke with Isabel Barrow at Edelman Financial Engines to discuss the changes the new Social Security Fairness ...
This little-known restricted application rule can significantly boost retirement income for surviving spouses.
Louisiana Senator Bill Cassidy said the Social Security Administration must implement the Social Security Fairness Act as ...
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