Jul 30, 2025 · The Windfall Elimination Provision (WEP) was a formula that could reduce the size of your Social Security retirement or disability benefit if you also received a pension from a job in which you …

Dec 8, 2025 · These money management tips can help you figure out what to do with a windfall of cash from back taxes, a pension payout or an inheritance.

Aug 18, 2025 · In December 2024, Congress repealed the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), ending policies that for more than four decades reduced benefits …

Oct 10, 2018 · The Windfall Elimination Provision primarily affected retirees from state and local government agencies that do not participate in FICA withholding and federal workers hired before …

Oct 10, 2018 · If you were collecting Social Security retirement benefits and a non-covered government pension, you might have been subject to the Windfall Elimination Provision. Pensions from jobs …

Jan 7, 2025 · Unlike some government pensions, military retirement pay was not subject to the Windfall Elimination Provision (WEP), so former service members did not have their Social Security payments …

If you qualify for Social Security and collect a pension from a job that doesn’t pay FICA taxes, your Social Security income will be reduced but not eliminated.

Apr 23, 2025 · If you are fortunate enough to receive an inheritance, you may need help sorting out your options. Here are tips you should follow.

Dec 11, 2025 · How much do you know about our top news, entertainment and health stories of the last week? Find out and earn AARP Rewards with our news quiz.

Feb 27, 2025 · What about government pensions? Until recently, this list included eight items, but in December 2024, Congress repealed two Social Security rules—the Windfall Elimination Provision …