Social Security Payments to Drop by 50% for Some Recipients in July

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Source: Fingerlakes1.com
Social Security Payments to Drop by 50% for Some Recipients in July
Photo: Fingerlakes1.com
TL;DR Summary

Millions of Social Security recipients are experiencing smaller or no payments in July due to the SSA's efforts to recover alleged overpayments, which has caused confusion and hardship. The agency is offsetting payments to recoup past overpayments, especially affecting SSI and SSDI beneficiaries, with some seeing up to 50% reductions. Recipients can appeal or request waivers, but the process is complex. This crackdown is part of broader efforts to address trust fund shortfalls, raising concerns about the impact on vulnerable populations.

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