Episode #217: What You Need to Know About These 2 Social Security Reductions By Sean Brady | November 15, 2021 Annuities, Money Script Monday Share this post Share Tweet Share with a client Share with a colleague Reaching retirement can be bittersweet, as you finally conclude your working years and transition into living on your retirement income streams. However, things can get tricky when it comes to two regulations on social security benefits. Specifically, the Government Pension Offset and the Windfall Elimination Provision could complicate the amount of benefits you earn, especially if you or your spouse were government employees that did not withhold social security taxes. In this episode of Money Script Monday, Sean analyzes two crucial Social Security regulations that could reduce the amount of spousal, widow/widower, or personal benefits paid to you in retirement. Resources Provided for This Episode Video Transcription Whiteboard Image Want consumer-friendly videos sent to your inbox every week? Sign up to receive to receive LifePro's weekly Money Script Monday video series providing financial clarity, dispelling myths, and showing you how money works in 10 minutes (or less). Subscribe now! Have any questions? Give us a call at 888-LIFEPRO or email us at firstname.lastname@example.org. Want to learn more about how we can help with your unique financial situation? Fill in your contact information below, and we'll get started right away! About Sean BradySean Brady is an Advanced Case Designer at LifePro. He works with financial professionals designing advanced case illustrations that are built for longevity and are always in the best interest of the client.