Social Security eliminates overpayment burden for Social Security Beneficiaries

The Social Security Administration announced it will decrease the default overpayment withholding rate for Social Security beneficiaries to ten percent (or $10, whichever is greater) from 100 percent, significantly reducing financial hardship on people with overpayments.“Social Security is taking a critically important step towards our goal of ensuring our overpayment policies are fair, equitable…

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