Trump, Social Security and Big Beautiful Bill
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With an effective date of April 25 on the SSA's communication, it means the 90-day grace period is up as of July 24. The north of 1,000,000 beneficiaries who still owe the SSA following an overpayment can have up to half of their monthly check garnished starting on or shortly after July 24 until the overpayment is settled.
The SSA has now confirmed it has sent out 3.1 million payments to those impacted by the Social Security Fairness Act.
Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?
The Social Security Administration under President Trump has raised its overpayment recovery rate to 50% in an effort to improve efficiency.
The agency said it is temporarily reassigning about 1,000 customer service representatives from field offices to work on the swamped toll-free phone line.
The Social Security Administration has sent a misleading email to beneficiaries stating President Donald Trump's sweeping tax-cuts and spending law eliminates taxes on Social Security benefits for most recipients.
EXCLUSIVE: The Biden administration maintained a secret chat with members of over two dozen advocacy organizations connected to influential donors.
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Explícame on MSNSocial Security causes drop in Americans' incomes: InvestopediaA sharp drop in U.S. personal income in May reflects a one-time Social Security adjustment, not an actual decline in Americans’ earnings.
Income fell by 0.4% in May after climbing 0.8% in April, but it was a change in Social Security payouts that drove that decline.