Social Security Overpayment Alert Your August Benefits At Risk

Thank you for joining us for this important Social Security update.
This week, the Social Security Administration is rolling out a new overpayment policy that could reduce your August benefits by up to half if you owe money back.
Millions of recipients may see smaller checks.
So, it is crucial to understand how these changes might impact your monthly income.
Keep watching as we explain what this policy means for you and how to protect your benefits.
Starting this week, the Social Security Administration will begin withholding up to 50% of monthly benefits for anyone with unresolved overpayments, a policy that could immediately reduce August payments for millions of retirees and disability beneficiaries who owe money back to the agency.
According to a February 2025 report from the SSA Inspector General, overpayments totaled 13.6 6 billion between 2020 and 2023 with most cases resulting from recipients not reporting extra income or changes in health that should have lowered their benefits.
If you receive traditional retirement or disability benefits and your birthday falls between the 1st and 10th of any month, your next payment is scheduled for Wednesday, August 13th, but it may be smaller if you have an outstanding balance.
Those born from the 11th to the 20th will receive payments on August 20th and those born after the 20th on August 27th following the SSA’s standard schedule.
Supplemental security income recipients are not affected by the new withholding rule but follow a different payment calendar with August payments already delivered on August 1st and future months including early or end of month deposits.
To avoid future reductions, all beneficiaries should carefully review any recent SSA notices, promptly report any changes in income, health, or living situation, and contact the agency if they have questions about their payment status.
Staying informed about these policies and payment dates is essential for protecting your monthly income and planning your finances.
With the Social Security Administration reporting 13.6 $6 billion in overpayments between 2020 and 2023. It is more important than ever to review your recent SSA notices and promptly report any changes in your income or health status.
Taking these steps can help you avoid having up to 50% of your benefits withheld under the new policy.
For more information, visit socialsecurityalerts.news.
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