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July Business Services
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Retirement Plan Termination Specialist Compass
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Defined Benefit Specialist II or III Nova 401(k) Associates
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DWC ERISA Consultants LLC
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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The Pension Source
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Nova 401(k) Associates
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Merkley Retirement Consultants
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EPIC RPS
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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Social Security Windfall Elimination Provision and Government Pension Offset
Meld Financial, Inc.
May 14, 2021 "The Windfall Elimination Provision [WEP] and the Government Pension Offset [GPO] ... can reduce regular Social Security benefits ... if the worker is entitled to a pension based on earnings from employment that is not covered by Social Security.... Social Security Statements sent to workers do not consider WEP and GPO until the person applies for benefits.... [At] the time of application many individuals ... may learn they will not receive as much income as expected[.]" |
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