Learn about the new Social Security Administration overpayment policy that allows 100% of your Social Security check to be withheld starting in March 2025. We’ll show you what this means, why it matters, and how to protect your benefits.
In today’s update, learn about the new Social Security overpayments policy now in effect that allows the SSA to withhold 100 percent of your monthly check if they claim you were overpaid. Understand how these overpayments happen, what changes were made to the previous 10 percent cap, and what steps you can take if you’re affected. Get tips on using your “my Social Security” account, how to report income changes, request waivers, file appeals, and respond to overpayment notices. This impacts retirees including SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits. This covers the impact on seniors and disabled individuals, the reasons for policy changes, responses from lawmakers, and how recent SSA staffing cuts are making it harder to get help. Stay informed and prepared with practical, clear advice on navigating this update.
They Can Now Take Your Entire Social Security Check – New Overpayment Rule
Lesson Resource
- Teaching Lesson – Teaching lesson plans related to this lesson.
Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.
–>
