By RUSSELL GLOOR Social Security Advisor Dear Rusty: During my first career, which lasted about 25 years, I worked for companies that withheld Social Security FICA taxes from my income. In my new second career my employer doesn’t take Social Security from my wages, but I’ll still be eligible for a company pension after 15 or so years of service. From my co-workers I’ve heard about something called “WEP” which could affect my Social Security benefits, but when they try to explain it I get totally confused.
Whats The WEP Windfall Elimination Provision?
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