Q & A
When can the government garnish your Social Security?
Answer: It’s a rude awakening for a growing number of seniors: They file for Social Security, then discover that the federal government plans to take part of their benefit to pay off delinquent student loans, tax bills, child support or alimony. The practice came under a spotlight this month when the U.S. Government Accountability Office (GAO) released findings on the problem of rising student debt burdens among retirees – and how the government goes after delinquent borrowers by going after wages, tax refunds and Social Security checks. Read more…
Source: Mark Miller, via retirementrevised.com – 9/25/2014
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