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Veterans warned about scam involving fake text messages related to overpayments

Veterans warned about scam involving fake text messages related to overpayments

As the country honors its veterans, the Department of Veterans Affairs (VA) is urging communities to stay alert against a rising issue: VA overpayment fraud. Reports indicate that scammers are posing as VA staff and reaching out to veterans through texts, emails, and phone calls. They claim that veterans are overpaying in benefits and request […]

Changes to Social Security expected in July as agency reclaims 50% of overpayments

Changes to Social Security expected in July as agency reclaims 50% of overpayments

Starting in July, some Americans will notice a decrease in their Social Security payments. But it’s not due to any crisis—though many individuals are understandably concerned. The Social Security Administration (SSA) is working to recover overpayments made in the past. Overpayments can occur if beneficiaries fail to report income changes, leading to excess payments from […]

Unpublished IG report highlights millions in tax overpayments in Richmond that were not refunded, with ‘confusion’ in the process.

Unpublished IG report highlights millions in tax overpayments in Richmond that were not refunded, with 'confusion' in the process.

Investigation into Richmond’s Finance Department Ongoing RICHMOND, VA – It’s been three years since the Richmond Inspector General’s office began looking into complaints about the finance department’s handling of tax credits, but there’s still no official report available. However, CBS 6 managed to get a draft report that describes the process as somewhat chaotic—essentially, a […]

Comments from New Social Security Chief Frank Bisignano Regarding Overpayments

As the Social Security Administration (SSA) starts to roll out contentious measures to recover overpayments, its recently confirmed leader, Frank Vignano, faces a system under heavy public criticism and significant operational hurdles. Vignano indicated that overpayments will be a key priority in his new position as SSA commissioner. Why Does This Matter? The SSA’s approach […]

Social Security to restore stricter rules to recover overpayments beginning this week

The Social Security Administration is reviving more strict rules that begin Thursday to recover overpayments to beneficiaries. We have set a 100% withholding rate for profit until the overpayment is returned to the government. Strict Order – Part of the efforts to curb the spiral costs of Elon Musk's Department of Government Efficiency Federal Qualification […]

Social Security Administration announces new measures to deal with overpayments

The Social Security Administration limits clawbacks to 10% of your benefit check instead of 100%. (iStock) The Social Security Administration (SSA) is limiting the cancellation of benefit overpayments to 10% of benefit checks instead of 100%, following criticism for strict repayment plans that have left some beneficiaries in poverty. Social Security Secretary Martin O’Malley stated […]