A big update has come out for the beneficiaries of Social Security. Let us tell you that the Social Security Administration (SSA) has just issued a new message. If you ignore it, then you are forgetting very important information. That is why we will tell you about the information that has come to us from the Social Security Administration and this information has also been broadcast in other media. SSA’s emergency message can have a big impact on millions of beneficiaries who have received overpayment.
What emergency message has Social Security sent?
We do not confirm this information but according to the information received, especially according to the media, the government is on a mission to recover all the overpaid social security loans and it has also been revealed that between 2015 and 2022, the government has given away about $72 billion in social security loans. And this page has to be recovered and recently a very big announcement has also been made.
The withholding rate for Supplemental Security Income (SSI) will remain at 10%, why?
Let us tell you that advocates argue that collecting 50% of overpayments could harm the most vulnerable individuals. Apart from this, it has also been learnt that the moratorium on supplemental security income will remain at 10%. Apart from this, notices have been started to be sent to the beneficiaries who received overpayment. The notice states how much the agency has to pay, and a 90-day period is offered to appeal the overpayment, request a refund, or ask for a work stoppage notice. This is a very big update and a big decision can be taken for this in a few days.