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Social Security overpayments: FAQ

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Starting March 27, seniors and other Social Security beneficiaries will have 100% of their overpayment deducted from their monthly check, which will mean some will receive no funds, experts said.
The article from Newsday discusses the issue of Social Security overpayments, where the Social Security Administration (SSA) has been clawing back billions of dollars from beneficiaries due to errors in calculating benefits. These overpayments often occur because of mistakes in reporting income, changes in living situations, or administrative errors. The SSA has been criticized for its aggressive collection tactics, which can include withholding future benefits or demanding large lump-sum repayments, significantly impacting the financial stability of many recipients, particularly those with disabilities or low income. The article highlights cases where beneficiaries were unaware of the overpayments until they received notices demanding repayment, sometimes years after the fact. It also notes that the SSA's efforts to recover these funds have led to legal challenges and calls for reform in how overpayments are handled, emphasizing the need for better communication and more humane recovery practices.

Read the Full Newsday Article at:
[ https://www.newsday.com/business/social-security-overpayment-p1lrprza ]