How much will my SS be reduced by WEP? My birthday is 9/29/1952. I qualified for full retirement in 2018 at age 66. I am currently still working. I have 22 qualifying years of paid ss as of 2020. For a few years I taught school and didn't pay into SS. Then I worked for a university and paid into SS. As best as I can figure, my WEP might be a reduction of $358 per month?

Hi,

I can't give you a precise amount without knowing your full yearly Social Security covered earnings history, and the amount of your non Social Security covered pension. However, the benefit calculator included in our software (https://maximizemysocialsecurity.com/purchase) is fully programmed to handle computations involving the Windfall Elimination Provision (WEP), so you may want to consider using the software to get an accurate estimate of your benefit rate and the best strategy for maximizing your benefits.

All that I can tell you in general terms is that the maximum Social Security benefit rate reduction that can be caused by WEP is less than $500, and the amount of reduction can't exceed 50% of the amount of the non Social Security taxed pension (https://www.ssa.gov/pubs/EN-05-10045.pdf).

Best, Jerry