Hi Larry
The WIndfall Elimination Provision on a foreign pension is said to be up to 50%, but are there guidelines for calculating a more accurate approximation?thanks in advance
Ben
Hi Ben,
Yes, for more information on the windfall elimination provision (WEP), refer to the following pamphlet: https://www.ssa.gov/pubs/EN-05-10045.pdf.
Also, the maximization software available on this website is programmed to handle the effects of WEP on Social Security benefit rates, so you may want to consider using that option.
Best, Jerry
Category:
Posted:
Nov 25 2016 - 12:45pm