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Overpayment, and a subsequent clawback from the SSA, occurs when the administration discovered they paid too much money to a Social Security Income beneficiary who is disabled, blind or at least ...
The SSA sends overpayment notices to about one million Americans every year — and according to KFF Health News, the agency has admitted in the past that many overpayments were the result of ...
Social Security Advisors CEO Matthew Allen, as cited in a recent U.S. Sun article, says retirees can protect themselves first and foremost by seeking to get the overpayment waived.
As of November 2023, the Social Security Administration had distributed more than $23 billion in overpayments, and the agency has been busy contacting recipients to pay it back. The situation ...
According to the SSA report, about $1.6 billion of the OASDI overpayments and $287 million of the SSI overpayments are within the agency’s control, meaning they weren’t the beneficiaries’ fault.
It might be a long time before the Social Security Administration gets out from under the cloud of an overpayment crisis that has plagued the agency for a couple of years now. The SSA has angered...
And what to do if you do owe money.
Due to the size and complexity of the Social Security system, recipients sometimes receive the wrong benefit amount. Unfortunately, this can lead to a hefty surprise bill. On Oct. 4, the Social...