Over 1 Million Beneficiaries Face Social Security Garnishments and Reduced Payments in July

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Source: The Motley Fool
Over 1 Million Beneficiaries Face Social Security Garnishments and Reduced Payments in July
Photo: The Motley Fool
TL;DR Summary

Starting July 24, over 1 million Social Security beneficiaries who were overpaid will face garnishments of up to 50% of their benefits, but there are legal ways to reduce or avoid these garnishments, such as requesting a waiver or appealing the overpayment.

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