The Windfall Elimination Provision – Plus the Two Most Common Ways to Sidestep
If you have a pension from a job where you did not pay Social Security taxes, you need to know about the Windfall Elimination Provision! It’s unfortunate, but you CANNOT expect the Social Security Administration to tell you how this will impact you. This means that the burden is on YOU to fully understand how this provision works and how you’ll be impacted. In this video, I’ll untangle this provision so you’ll know how to calculate this for yourself and then discuss the two most common ways to sidestep this rule.
– Explained by Devin Carroll, RSSA
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