All articles tagged with #overpayment recovery
The SSA has increased the recovery rate for overpaid Social Security benefits from 10% to 50%, which may result in smaller checks for beneficiaries in August, especially for those who received notices and have overpayments. Beneficiaries can appeal or request a waiver to avoid or reduce the impact, and the policy change does not affect SSI benefits, which continue to be recovered at 10%.
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.