Ask Larry

Non-Covered Pension - WEP / GPO

Will I Be Eligible To Collect Benefits From My Deceased Husband's Social Security If The Windfall Act Is Repealed?

I retired under civil service. WIll I be eligible to collect spouseal Soc. Sec from my deceased husband if windfall act is repealed? In addition to my Civil Service Benefits?
Thank you for responding to my inquiry.

Posted: 
Thursday, May 25, 2023 - 14:24

Am I Subject To The WEP Or GPO?

I am divorced and have part of a federal pension. I have my own earned social security benefit. Am I subject to the wep or gpo?

Hi. Your federal pension could only cause the Windfall Elimination Provision (WEP) or Government Pension Offset (GPO) provision to affect your Social Security benefits if the federal pension is based on your own work and earnings that were exempt from Social Security taxes.

Posted: 
Thursday, May 18, 2023 - 12:30

How Do I Get My Money Back?

started my fire department pension march 1 1974. spent 25years on the dept.and retired in1999. started my social security in 2009.and was told that my $900 quote from social will be reduced to $600 because of the windfall elimination provision . it has come to my attention that if a firefighter had 10 years vested in the pension system prior to 12/31/ 85 . WEP. does not apply . i should have been paid the full amount. i found that a law suit was brought against social security.11 circuit court of appeals April16 2003.

Posted: 
Tuesday, May 9, 2023 - 20:21

Could I Use Your Software To Calculate My WEP PIA In Order To Determine If The Amount That Social Security Calculated Is Correct?

I believe my WEP PIA calculation by SSA is inaccurate.

Before filing an appeal with the SSA, however, I would like to validate my calculations of WEP PIA..

If I were to purchase your Software for Household, would I be able to replicate my WEP PIA so I can see if the SSA has computed my benefits accurately?

Thank you.

SS

Posted: 
Sunday, May 7, 2023 - 13:19

How Should I Approach SSA To Reconcile My WEP Calculation?

I applied for both SS benefits and CPP to be effective Jan 1, 2023. Both were approved in January, and when CPP is subjected to WEP, however, the deduction in SS is higher by about $71US than one half of the CPP benefit after being converted to $US. This appears to be a result of SSA relying on the Web Calculator to arrive at WEP PIA, rather than simply subtracting 50% of the CPP in $US from the PIA.

Can you advise how to approach SSA to reconcile $71 a month difference in benefit? It is a substantial amount over the life time.

Thank you.

SS

Posted: 
Thursday, May 4, 2023 - 18:30

Can A Person Receive SSDI and CPP Disability Benefits?

I am a dual citizen who worked in both usa (30 yr+) and canada (10+ yrs). I am 64 years old and live in canada now. I receive USA SSDI now (10years approx) due to multiple sclerosis MS. I worked enough years to qualify for CPP but am wondering about dual country disability benefits.can a person receive SSDI and CPP Disability benefits? Would my USA SSDI be lowered if i qualified with enough work years for CPP Disability in Canada? What about a SSDI and CPP(not CPP Disability )? What is my best option to maximize benefits?

Posted: 
Tuesday, May 2, 2023 - 11:40

Will My CALSTRS Pension Cause My Wife's Social Security Benefits To Be Reduced?

I cannot find an answer to my question anywhere.

I am a CA retired teacher with a CALSTRS pension (2019). CALSTRS does not pay into Social Security. After I retired, the social security earnings that I was receiving while still on the job (from my private employment many years ago) was cut by more than half through the Windfall Elimination Protocol (WEP)

My wife works in the financial industry. She is thinking of taking early retirement SS benefits. As soon as she retires, will her Social Security benefits be reduced by my WEP too?

Posted: 
Monday, April 24, 2023 - 08:53

When Will My Sister's OPERS Pension Create A WEP Reduction?

Hi Larry. When does the money accumulated in my member directed OPERS plan - Ohio Public Employee Retirement System - create a WEP reduction? My sister is electing not to take monthly payments, she elected the lump sum which she'll evevtually roll into an IRA. She just retired. She's 62 and has a small social security benefit. If she elects to start social security but doesn't touch her OPERS, is her benefit reduced? Or is it reduced later when she takes money out or rolls it into an IRA? Thanks for your help.

Posted: 
Wednesday, April 12, 2023 - 14:33

Will My U.S. Benefits Be Reduced By More Than The WEP Chart Amount If That's Less Than 50% Of My German Retirement Benefit?

I have worked in Germany and moved to the US with my Husband in 2008. I have since worked in the USA and meet the requirements for social security benefits in both countries (40 credits in the USA and more than 5 years of contributions in Germany).

However, I have less than 20 years of substantial earnings in the USA. Based on the WEP Chart and an ELY (2023) the maximum reduction is $557 monthly, assuming I retire at full retirement age. Will the US SS benefits be reduced by more than $557 if this is less than 50% of the German retirement benefits?

Posted: 
Wednesday, April 5, 2023 - 14:05
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.