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To avoid the WEP, you’ll need to work at least 30 years in a qualifying (Social Security-eligible) position with substantial earnings (for 2021, this is $26,500 or more).
Instead of applying COLA to the roughly $839 Social Security benefit Callahan would have received without WEP, he said his COLA is based on the amount after his $480 WEP deduction. In 2025, he ...
In 2024, HR 82, the Social Security Fairness Act—repealing the WEP—passed both houses of Congress, and was signed by President Joe Biden on January 5, 2025. [11] According to the Congressional Research Service, approximately 2.1 million people were affected by the WEP as of December 2023.
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security.
The 2025 FIA World Endurance Championship will be the thirteenth season of the FIA World Endurance Championship, an auto racing series organised by the Fédération Internationale de l'Automobile (FIA) and the Automobile Club de l'Ouest (ACO).
The WEP impacts about 2 million Social Security beneficiaries and the GPO nearly 800,000 retirees. Various forms of the measure have been introduced over the years, but like many legislative ...
The House of Representatives approved a bipartisan bill on Tuesday that would increase social security benefits for millions of public service workers.
The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.