Non-Covered Pension - WEP / GPO

Would My Husband's Survivor Benefits Be Reduced Because Of WEP?

According to the estimates we have received from the SSA, my SS benefit is greater than my husband's and the difference is likely to grow when the Windfall Exemption Provision (WEP) is applied to his benefit. He worked for a significant number of years as a teacher in Texas and did not pay into Social Security during that time. However, he has 21 years of work with "substantial earnings" outside of Texas when he did pay into Social Security. It is my understanding that his SS retirement benefit will be reduced to some degree by the WEP.

If I Rollover The Money In My TRS Pension To An IRA, Would I Have Any Issues When Collecting Social Security?

Hi Larry,

I have been teaching for the past 20 years and I'm thinking about making a career change. I would like to roll the money in my TRS pension into an IRA. I would then begin another profession that would have me paying into social security. I already have some social security credits from previous jobs and I would plan on staying at this job for the next 15-20 years. Would I have any issues collecting social security when I retire at age 65 since I was paying into a pension as a teacher (even though the pension would have been rolled over)?

Will My Social Security Check Go Down Now That I Receive Minister Retirement?

I just turned 70 and retired rrom ministry where I did not pay social security....i have been receiving small ss check for 3 years (590 a month) from work before seminary and pt job while in ministry. Does that ss check go down now that I receive minister retirement? Thanks in advance..

Hi,

Isn't It Correct That You Don't Pay WEP On Japanese Social Security?

HI Larry
I did buy your software and ran the numbers. I have a question? My spouse draws Japanese social equity Born 1955 (63)I was born 1957(62) So I her income was higher, I filed Married and clamed her as spouse and there was no difference With WEP if she file on her own or if I claimed her as a spouse me claiming first . I thought you did not have to pay WEP on Japanese social security if she was filed as my spousal benefit .
Thank you for your help

Hi,

Can My Wife Choose To File Based On Either Her Own Work History Or On My Record?

If my Japanese wife draws both us and Japanese social security . She has worked in the united states for 20 years and is one year older than me. Her us social security is about $120 more on her own work record than if i claimed her on my social security as a spouse. Can she choose her work history which is higher or can she choose a lower about as on my work history as a spouse? All this to avoid WEP tax . We have not filed for US social security yet . Please advise

Thank you
Joe

Hi Joe,

Are The Current Bills In Congress Proposing Repeal Of WEP Receiving Any Momentum?

Hi Larry, I know my question only applies to 4% or less of people claiming Social Security but has major implications for us, that of course being WEP. I'm well aware that it has been loathed and berated for 35 years. My question is whether with the current raft of repeal bills (H.R 141, H.R. 3934, H.R. 4540 and possibly others) there is any more momentum than there ever was in years gone by. I'm guessing the liklihood of any bill passing is slim to none but haven't counted how many previous bills died.
Doug

Hi Doug,