News

If you've recently received a letter from the Social Security Administration (SSA), you're not alone, and the news inside may ...
On March 7, the federal agency announced it would reinstate the 100 percent withholding rate when attempting to get back incorrectly paid benefits.
don't assume it's a gift from the Social Security Administration. More than likely, you received an overpayment because of changes in your account that either weren't reported on time or to ...
A recent shift in how the Social Security Administration handles benefit overpayments may offer partial relief — but it still ...
The Social Security Administration (SSA) recently announced that it would be claiming back money from beneficiaries who were issued overpayments in their Social Security payments. Originally set to ...
The SSA is required by federal law to recover overpayments, but the rate at which the money is repaid is not set by law. When an overpayment is discovered, the beneficiary receives a letter ...
Biden lowered the withholding to 10% in response to media reports and congressional criticism about Social Security beneficiaries having to repay tens of thousands of dollars in overpayments from ...
Individuals can also view a benefit verification letter and a Social Security statement or calculate estimated benefits based on retirement age after logging in. This is how an overpayment ...
The Social Security Administration is retreating from a recent policy change on the agency recovering overpayments that sparked concerns it could cause financial hardship for tens of thousands of ...
In 2024, the Biden administration reduced the Social Security overpayment recovery rate to the greater of $10 or 10% of your checks. For example, if you received $1,000 in extra Social Security ...