Quick Read Trump Administration changed Social Security overpayment clawback from 10% to 50% of monthly benefits after initial 100% proposal sparked backlash. One million beneficiaries owed $23B in ...
In August 1935, President Franklin D. Roosevelt signed the Social Security Act into law. Its goal was to provide a financial foundation for aging workers who could no longer do so for themselves. Nine ...
The agency made close to $72 billion thanks to improper payments in 2024 alone. In addition to the rising costs of life’s necessities, more families are starting to feel the heat of being forced to ...
When a survivor benefit suddenly shrinks because the Social Security Administration says it paid you too much, the letter can ...
The Social Security Administration got stricter about recovering overpayments in July; it will also stop issuing paper checks and switch to electronic payments in September. President Trump wants to ...
Social Security isn't frozen in time — some recent changes are already affecting many retirees' benefits. Whether through overpayment clawbacks, tax adjustments, or benefit corrections, these shifts ...
The federal government shutdown has the tens of millions of Americans on Social Security concerned about whether they’ll receive the monthly benefits they rely on to pay their bills. The government is ...
Of the over 71 million Americans who receive regular Social Security payments, some may have begun receiving smaller checks. However, the payments should arrive on schedule nonetheless. October's ...
Social Security is a dynamic program, with changes made on a near-annual basis. The Trump administration revamped Social Security's overpayment and recovery garnishment rate to recoup an estimated $23 ...