In the final days of the Biden administration Congress passed, and President Biden signed, the Social Security Fairness Act. The law is now in effect and has been made retroactive to Jan. 1, 2024.

Dear Rusty: I don’t understand exactly how the Windfall Elimination Provision (WEP) works for my situation. I turned 62 in 2017 and am currently still working in a “non-covered” job, not paying into ...

Windfall Elimination Provision (WEP): This rule often reduced the Social Security benefits of individuals who also received a pension from a job not covered by Social Security. Government Pension ...