Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

Big Changes to Social Security


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The Social Security Fairness Act is shaking up the retirement landscape, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) for millions of retirees. These long-standing provisions have impacted Social Security benefits for public sector workers like teachers, firefighters, and police officers—until now.

In this episode, hear Tyler Emrick, CFA®, CFP® dive into what the changes mean, how retirees can expect retroactive payments, and the broader impact on the Social Security system.

Here’s some of what we discuss in this episode:

  • Background on the Social Security Fairness Act that was signed into law on January 5.
  • The Windfall Elimination Provision (WEP) and Government Pension Offsets (GPO) reduce regular Social Security benefits.
  • Affected retirees stand to gain significant financial relief.
  • The benefits come with a cost so what it does it mean for the long-term solvency?
  • Have questions?

    Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth's CFP® Professionals.

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    Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®By Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

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