Will the Repeal of the Windfall Elimination Provision (WEP) affect my Foreign Pension and Social Security benefits?
Full question: My Social Security payments are reduced by a pension I receive from a school I worked for in the UK, which is outside the USA Social Security system. Will the Repeal of the Windfall Elimination Provision (WEP) affect my situation? Hi there, Yes, repeal of the WEP rule applies to non-covered foreign pensions….
Read MoreI have a pension from the UK. How will the WEP affect me?
Full question: I am receiving ex spousal benefits and have just become eligible for my own benefits although I am over FRA. I have a U.K. state pension. How will WEP affect me.? Will I still receive the same spousal benefit that I was receiving before? Hi there, If you are receiving ex-spousal benefits and…
Read MoreHow will my UK pension impact my USA Social Security benefit?
Full question: Hi Martha, I am from the UK and retired at 62 here in the USA after 22 years of “substantial” earnings for Social Security benefit calculations. I am also eligible to collect a partial UK State Retirement Pension in 2025 for the years I worked in the UK (50% of current max). How…
Read MoreWill my foreign pension reduce my Social Security benefit?
Full question: Hi, I am from El Salvador and I will have a small pension from my 25 years of work. My contribution were taxed already so, when I decide to collect I won’t pay taxes on the amount distributed. I am planning to get Social Security retirement benefits here in USA soon.I worked 30…
Read MoreDo I qualify to collect spousal benefits on my spouse’s US Social Security record?
Full question: I am married to an US citizen. I am a permanent resident of the US. I collect a pension from my previous Canadian employer. I have never contributed to US Social Security, but I do qualify to receive Canada Pension Plan payments. My question is do I qualify to collect spousal benefits on…
Read MoreHow will my foreign pension impact my Social Security benefits?
Full question: I am a 72 year old dual UK-US citizen and draw about $2,000 in US Social Security monthly and pay taxes in the UK on an income of about $60K, including the US social security amount. I still work and I pay into a defined contribution pension scheme valued at about $50K, at…
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