Will I Avoid The Social Security Windfall Elimination Provision?

Category: Social Security

Clients who expect to receive a Social Security benefit and a government pension may see their Social Security benefit reduced due to the Windfall Elimination Provision.

To help make the conversation with clients easier, we have created the “Will I Avoid The Social Security Windfall Elimination Provision” flowchart. It addresses some of the most common issues that arise for a client trying to understand the Windfall Elimination Provision (WEP).  This flowchart considers the following:

  • Impact of hiring date
  • Pensions that trigger the WEP
  • Substantial earning test
  • Importance of age 62
  • WEP calculation

 

Updated 2019