Scams involving overpayment are increasing and can result in victims facing significant debt.
Overpayment fraud is becoming increasingly common, often leaving victims deep in debt. Typically, it starts off looking harmless enough: someone sends you a check for more than you expected, asks you to forward the extra amount, and then—if the check bounces—you’re left to cover the difference. Below are five prevalent types of overpayment scams you […]
Study Indicates Gayle King’s Position at CBS May Be Uncertain Due to Overpayment
Uncertain Future for Gail King on CBS Morning Gail King, host of CBS Morning, faces an unclear future following a merger with Skydance, according to a report from the Daily Mail. Recently, viewer numbers for CBS Morning have dipped below 2 million, and King, who commands a salary of $15 million annually, seems to remain […]
New Overpayment Rule Could Reduce Monthly Social Security Checks Unexpectedly
The Social Security Administration (SSA) has introduced new regulations concerning overpayments, which may lead to unexpected reductions in monthly benefits for numerous recipients. This change impacts those receiving Social Security Disability Insurance (SSDI) and Old Age and Survivor Insurance (OASDI) and took effect on March 27, 2025. Previously, the agency had the authority to withhold […]
You Might Still Lose Half of Your Benefits: Social Security Lowers Overpayment Withholding Rate, Experts Caution About Consequences
Recent developments from the Social Security Administration (SSA) regarding benefit overpayments might offer some relief, but they also have significant drawbacks. As of April 25th, the SSA started withholding up to 50% of monthly Title II benefits—including retirement, disability, and survivor payments—from recipients who have been overpaid. This marks a shift from a previously announced […]
Changes to Social Security overpayment policy once more
The US Social Security Administration (SSA) is making it simpler for seniors and others to repay benefits they received in error. Beneficiaries who were mistakenly overpaid will see a reversal of a policy from March. Under this new rule, 50% of the excess amount will be deducted from their monthly payments until the amount is […]
New Social Security overpayment rule starts March 27 – Newsday
Elderly and others who have received Social Security benefits that are mistakenly overpaid by the federal government may be withheld some or all of their monthly checks under the policy change that begins on March 27th, depending on the size of the overpayment. Earlier this month, the Social Security Administration announced that 100% of overpayments, […]