Receiving a notification of a Social Security overpayment can be unsettling, particularly when it warns of a potential 50% reduction in your future payments. It's crucial to understand that while the ...
When a survivor benefit suddenly shrinks because the Social Security Administration says it paid you too much, the letter can feel less like a notice and more like an accusation. The agency's rules ...
The Social Security Administration will be taking back overpayments. The overpayments can happen when a person does not update their income, living situation, marital status, or the SSA makes a ...
For some Social Security recipients, upcoming benefit checks might arrive in a lesser amount as the SSA is expected to begin withholding 50% of benefits for those who have been overpaid but have yet ...
Social Security began clawing back overpayments at a higher rate in July, and beneficiaries who have been overpaid will see a lot more money coming out of their monthly checks to cover the ...
Extra Social Security benefits unexpectedly showing up in your bank account might seem like a good thing. But unless you're very sure you were supposed to get that money, it's probably best not to ...