In a significant move, the recent repeal of the Windfall Elimination Provision and the Government Pension Offset will ...

The repeal of two provisions will boost Social Security payments for certain beneficiaries, and will include back payments.

The Social Security Fairness Act of 2024 removes the Windfall Elimination Provision and Government Pension Offset rules, benefiting nearly 3 million retired public service employees with increased and ...

The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an ...

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 ...

Two key provisions, the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), have historically ...

The legislation repeals the punitive Windfall Elimination Provision (WEP ... workers from receiving their earned Social Security benefits. It was a long time coming for a dedicated group of ...

President Joe Biden signed the Social Security Fairness Act on January 5, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and so opening up higher benefit ...

The Windfall Elimination Provision, however, limited her Social Security benefits to about a third of what she could receive otherwise. Restoring the full benefit might mean as much as $500 a ...

The Windfall Elimination Provision trimmed benefits for public employees who received pensions not covered by Social Security payroll taxes. The Government Pension Offset cut Social Security ...