Will I Avoid The Social Security Windfall Elimination Provision?

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 2020