Social Security resorts to the old rule of collecting overpayments March 27, 2025. - USA Today
Social Security recipients currently on a repayment plan which only requires you to pay no more than $10 or 10 percent of your benefit per month, will not be affected by this change. Beginning on Thursday, March 27th, 2025, you will be subject to paying back 100 percent of the amount due. Most overpayments are a result of the earnings limit affecting someone starting their retirement benefits before their full retirement age (FRA) and continuing to work. But every once in a while Social Security will calculate someone’s benefit amount incorrectly. You have the right to request a repayment plan allowing you more time to pay the money back, appeal it if you feel it was through no fault of your own, or request forgiveness if it will cause you financial hardship. Whatever your circumstances are, never ignore an overpayment notice from the SSA. You only have 30 days to respond to ensure your payments don’t stop.
An article posted in USA Today.com by Author Mike Snider provides additional information in his article here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.