Clients who expect to receive a Social Security benefit and a government pension may see their Social Security benefit reduced due to the Windfall Elimination Provision.

To help make the conversation with clients easier, we have created the “Will I Avoid The Social Security Windfall Elimination Provision” flowchart. It addresses some of the most common issues that arise for a client trying to understand the Windfall Elimination Provision (WEP).  This flowchart considers the following:

• Impact of hiring date
• Pensions that trigger the WEP
• Substantial earning test
• Importance of age 62
• WEP calculation

CLICK THE FLOWCHART BELOW TO DOWNLOAD YOUR COPY:

Please let us know if you have any questions about your eligibility or retirement income planning. We are here to help!

This information is intended for educational purposes, and it is not to be construed as an offer, solicitation, recommendation, or endorsement of any particular security, products, or services.