SSA Inspector General reporting $131.8 million in underpayments
The Social Security Administration Inspector General is reporting an estimated 11,123 Social Security beneficiaries were eligible for higher benefits had they delayed claims until age 70; however, they were misinformed by employees of the Social Security Administration resulting in about $131.8 million in underpayments, and another $9.8 million in annual payments for those under age 70. The IG’s report says, “SSA policy states its employees must explain the advantages and disadvantages of filing an application and the filing considerations so the claimant can make an informed filing decision.” To find out who was impacted, read article here…
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