Avoiding the WEP


Q. I am currently CSRS Offset. As such, I pay Social Security and the CSRS 7 percent pension contribution. Do my CSRS Offset payments to Social Security count toward the 30 years required to avoid the windfall elimination provision?

A. Any earnings that are subject to Social Security tax count toward satisfying the Substantial Earnings calculation for the WEP.


About Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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