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lev-tax
lev-tax, Tax Advisor
Category: Social Security
Satisfied Customers: 28084
Experience:  Taxes, Immigration, Labor Relations
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I am reducing my full-time position to a part-time position.

Customer Question

I am reducing my full-time position to a part-time position. I do not pay social security because I am a professor in Louisiana. However, I do pay into a 401k. I have worked in the past for about 23 years so I qualify for social security based on that work record. If stay at the same place of employment but just work part-time will my social security benefits be affected by WEP?
Submitted: 6 months ago.
Category: Social Security
Expert:  lev-tax replied 6 months ago.
Yes - a pension based on earnings not covered by Social Security can affect the amount of your Social Security benefit.
Expert:  lev-tax replied 6 months ago.
Use our WEP Online Calculator or download Detailed Calculator to see how your benefit may be reduced by WEP.https://www.ssa.gov/planners/retire/anyPiaWepjs04.htmlhttps://www.ssa.gov/OACT/anypia/anypia.htmlTo be fully excluded from WEP - you should have 30 or more years of substantial earnings under Social Security.Let me know if you need any help.