Q. I started receiving Social Security benefits when I was 65 (my eligibility age would have been 66). I am now 68 and contemplating going back to work at a job that pays into Social Security. Will that have any effect on the windfall elimination provision that is not deducted from my benefits? I had 38 credits in Social Security when I retired.
A. If you go back to work in a job from which Social Security taxes are taken, when you leave that position and become eligible for a Social Security benefit, you’ll be subject to the windfall elimination provision. The WEP will reduce, but not eliminate, the amount of your Social Security benefit.