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“Social Security waited almost two-and-a-half years and said she now owed over $40,000 within 30 days and stopped paying her entirely by the end of 2019,” her mother told the news magazine.
In fact, the Social Security Administration’s (SSA) Office of the Inspector General estimated that it made $72 billion in improper payments between 2015 and 2022 — most of which were due to ...
“Our Social Security Retirement, Survivors, and Disability benefit payment accuracy is consistently high—less than 0.5 percent of Social Security payments are overpayments.
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
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.
The Social Security Administration has taken a lot of heat for its handling of overpayments to Social Security beneficiaries, and now the agency wants to make things easier on seniors. Among other...
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 ...
Those who request to repay in smaller monthly payments are advised to fill out the Request for Change in Overpayment Recovery Rate (Form SSA-634) and fax or mail the form to your local Social ...
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