Money Talks News on MSN9d
Can a Pension Really Ding a Widow’s Social Security Benefit?
Two Social Security rules can take a big bite out of the benefits of pensioners and their spouses, ex-spouses and survivors.
Naples Daily News18d
So-called Fairness Act undermines solvency of Social Security | Opinion
But the default Social Security calculator treats those years ... Congress responded that year by adding the Windfall Elimination Provision (WEP) to the Social Security Act. The WEP created ...
Social Security Fairness Act Adds an Average $360 Benefit for Some: Will You Be Getting a Bigger Social Security Check?
If you are a current or former public sector employee or a survivor, spouse or ex-spouse of someone like that, you may ...
Investopedia9d
11 Social Security Calculators Worth Your Time
The Windfall Elimination Provision (WEP) Calculator requires you to manually enter a lot of information that you probably won’t have at the ready. You’ll have to do some digging. Note ...
napa-net21d
Forthcoming WEP/GPO Repeal Has Some Critics
While President Biden is expected to sign legislation passed by Congress repealing the Windfall Elimination Provision (WEP ... amount they normally receive from Social Security’s benefit calculator ...
A $196 Billion Giveaway? Critics Decry The New Social Security 'Fairness' Act
The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an ...
Government Executive17d
Biden signs windfall elimination provision repeal into law
The Social Security Fairness Act ends both the WEP and the government pension offset, increasing the Social Security checks ...
Preparing retirees for changes in Social Security Fairness Act
Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without ...