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To that end, the Social Security Administration (SSA) is going after overpayments more aggressively. In March, it announced ...
Now, the SSA has retreated from the March policy change and is now considering a clawback rate of 50%, according to their message ... could not compute benefit payments due in certain situations ...
The emergency message to SSA staff said the new policy applies ... fault” — the agency will begin cutting their benefit payment after about 90 days, it said. That does not apply to withholding ...
On March 7, the federal agency announced it would reinstate the 100 percent withholding rate when attempting to get back incorrectly paid benefits.
We obtained an “emergency message” sent to Social Security Administration staff informing ... at least a portion of monthly benefit payments from hundreds of thousands of people, according ...
President Trump's first 100 days in office have brought sweeping changes to the Social Security Administration (SSA). Learn ...
A policy under the Biden administration provided relief to beneficiaries, who often live on the fringe of poverty, capping clawbacks at 10%.
In March 2024, O’Malley said the agency would stop “ that clawback cruelty ” of intercepting 100% of a beneficiary’s monthly ...
Millions of beneficiaries, including people struggling to get by on monthly checks, have received overpayment notices. Clawbacks have left some homeless.
Social Security beneficiaries may welcome the withholding rate reduction, but financial advisors say the back-and-forth ...