Savvy Social Security for Those with a Government Pension WEP-GPO
Courses - Adult Enrichment / Money -
Adult Enrichment 2020-2021
This class was created by demand for a better understanding of how Social Security is impacted if an employee received a Government pension and participated in a Non-Social Security Covered Job. The class will cover Social Security in a broad sense and include a special section dedicated to the Windfall Elimination Provision (W.E.P.) and the Government Pension Offset (GPO). The Social Security decisions you and your spouse make when you are in your 60's will determine the amount of total income you will receive over your lifetime.
How much Social Security you and your spouse stand to receive over your joint lifetime Rules and guidelines for when spouses should apply for benefits How the decisions you make in your 60's can determine the amount of income you – or your surviving spouse – will have in your 80's and 90's What all higher-earning spouses should know about retirement and survivor benefits How remarriage affects survivor benefits from a former spouse How to avoid mistakes at your Social Security office How to know which spouse should take advantage of the spousal benefit What you need to do to entitle your spouse to a spousal benefit – or vice versa How to switch from one benefit to another to have income now and later How to maximize survivor benefits for the spouse