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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Is There A Way To Calculate The Effect Of WEP On My Social Security Benefits?
Hi Larry
The WIndfall Elimination Provision on a foreign pension is said to be up to 50%, but are there guidelines for calculating a more accurate approximation?
thanks in advance
Ben
Hi Ben,
Yes, for more information on the windfall elimination provision (WEP), refer to the following pamphlet: https://www.ssa.gov/pubs/EN-05-10045.pdf.
Also, the maximization software available on this website is programmed to handle the effects of WEP on Social Security benefit rates, so you may want to consider using that option.
Best, Jerry
Category:
Posted:
November 25, 2016