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Starting July 24, 2025, the Social Security Administration will implement a significant change affecting over a million ...
Some Social Security beneficiaries may notice smaller checks beginning in July. What to know about the new repayment policy.
Starting April 2025, the Social Security Administration will increase the withholding cap on overpayments from 10% to 50% of your monthly benefits. This change demands immediate action to protect your ...
If you overpaid and will have your benefits cut, you should have received a notice on April 25, 2025, stating that 50% of ...
Previously, the agency had been withholding only 10% of a recipient's benefits to recover overpayments. The SSA had lowered the recovery rate to that level after negative media coverage in 2023 about ...
Roughly 2 million Americans owed money to the Social Security Administration due to overpayments in 2023, according to KFF ...
Some Social Security recipients will begin receiving reduced monthly payments starting in late July, as the Social Security Administration implements new overpayment recovery policies.
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 ...
Overpayment FILE PHOTO: The Social Security Administration will be keeping 50% of payments from those who have been overpaid and owe the government money starting in July. (mehaniq41 - stock.adobe ...
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 ...