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Social Security Acting Commissioner Kilolo Kijakazi told Congress in mid-October that the agency sent overpayment notices to 1.03 million people in fiscal year 2022 and 987,000 people in 2023.
Social Security Acting Commissioner Kilolo Kijakazi told Congress in mid-October that the agency sent overpayment notices to 1.03 million people in fiscal year 2022 and 987,000 people in 2023.
Social Security overpayments occur when a beneficiary receives more money than they are owed, according to the SSA. The overpayment owed is the difference between the amount received and the ...
As previously reported by GOBankingRates, the SSA’s latest Agency Financial Report revealed that the agency made about $11.1 billion worth of new overpayments to Social Security beneficiaries ...
Social Security recipients will now have to pay back much less if they were inadvertently overpaid. Social Security slashes amount of overpayments beneficiaries must pay back Skip to main content
While the Social Security Administration continues to deal with blowback from its overpayment scandal, some worry that the problem will get even worse in the coming weeks and months.At issue is ...
In 2023, the Social Security Administration collected $4.9 billion in overpayments, and is going after another $23 billion from beneficiaries, according to KFF Health News. An investigation by KFF ...
Additionally, Sen. Sherrod Brown (D-Ohio), who chairs a Senate panel that oversees Social Security, noted that “the government’s got to fix this.” Also: 5 Actions You Must Take If Your ...