Social Security WEP Calculation
We have been using ESPlanner for years trusting that it was accounting for the WEP calculation in our benefits. Our state pensions from non-covered employment are entered as "not covered" and our past covered earnings are accurate. Now as my wife is planning on taking SS in November we compared ESP's calculation of her annual benefit of $12481 against SS' calculation using the WEP Online Calculator. The online calculator comes out as $9960 annual benefit. ESP (if SS is to be believed) is not factoring in the WEP reduction. Any ideas?