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6min chapter
497 | Your Social Security Questions Answered | Mike Piper
ChooseFI
Windfall Elimination Provision and Government Pension Offset Rules
This chapter delves into the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) rules, discussing their impact on Social Security benefits for individuals with pensions not subject to Social Security tax. It explains how these rules can reduce the Primary Insurance Amount (PIA) and affect benefits for spouses, with the potential to decrease benefits to zero.
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