- How It Works
- ServicesServicesOverviewChoose the right level of support for your plan and needsExpert ReviewA comprehensive review of inputs and reports to get you on the right pathFiling AssistanceLet our experts deal with Social Security for youClawback AssistanceFor those who need help fighting a Social Security benefit clawback
- Why Choose Us
- ResourcesResourcesBooksFrom the world-renowned economist behind Maximize My Social SecurityWebinars & PodcastsExpert tips and guides to help you get the maximum from Maximize My Social SecurtyArticlesIn-depth commentary on Social Security from our founderAsk LarryThousands of questions answered by our Social Security expertsBlogSocial Security insights to help you maximize your lifetime benefitsFAQYour most pressing questions answered
- Pricing
Ask Larry
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.
March 3, 2017
Category:
Will I Have Any Liability For WEP On Non-Covered Pension Income Received Prior To Starting Social Security?
I am drawing a pension from Canada. Part of it is for work for Canadian employers (CPP). And part of it is a benefit based on years of residence in Canada (OAS).
I have elected to defer my Social Security benefit for a couple years, when I turn 70. I know I am subject to the WEP then, although by then I will have 27 years of substantial contributions to SS.
But I will draw 2 years of pension benefits from Canada before I start SS. Do I have any liability for WEP on this income? I would like to avoid the surprise of SS saying I owe 2 years worth of WEP offsets retroactively when I apply for my pension in 2018.
John
Hi John,
No, the length of time that you've been drawing a non-covered pension prior to starting your Social Security benefits is irrelevant. Any WEP (https://www.ssa.gov/pubs/EN-05-10045.pdf) reduction to which to are subject applies effective with the first month that you are entitled to both your Social Security benefit and the non-covered pension.
Best, Jerry