What is the windfall elimination provision?

This retirement planner page explains the maximum amount your Social Security retirement or disability benefit can be reduced by your government pension. read more

The Windfall Elimination Provision (abbreviated WEP) is a statutory provision in United States law which affects benefits paid by the Social Security Administration under Title II of the Social Security Act. read more

The bottom line on the Windfall Elimination Provision. The Windfall Elimination Provision is designed to ensure that the payment of Social Security benefits is fair to all retirees, and does not result in disproportionately high retirement income for workers whose non-taxed earnings result in a pension. read more