The Social Security Administration overpaid her. Now she owes $35,000.
The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.
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The agency told a woman that she has 30 days to pay it back. Otherwise, it would cut her benefits by 50% while it collects what it overpaid.
The Promise Act would establish a legislative procedure with the goal of preserving Social Security's trust funds for the next 50 years.
Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, which could lead to higher health care costs for Americans over 65.
Beneficiaries would continue receiving payments if Social Security's trust fund is depleted, but checks could shrink by about 24%, according to a new report.
A larger COLA would boost monthly checks for retirees, but also strain Social Security's already depleted trust funds.
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
The Social Security Administration is transitioning to electronic payments next week after 85 years of issuing paper checks to U.S. retirees.
As Social Security celebrates its 90th anniversary, concerns are growing over its funding and recent staffing cuts.
About 23% of people over 50 want to delay their retirements over financial readiness and economic worries, a survey found.
President Trump pushed to eliminate taxes on Social Security. Does his "one big, beautiful bill" deliver?
Allianz survey finds that nearly two-thirds of Americans are more worried about running out of money in retirement than they are about dying.
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
The agency said it has so far sent retroactive benefits to more than 1 million people due to the Social Security Fairness Act.
The Social Security Administration is offering payouts to employees who voluntarily resign from the federal agency, ahead of what they warn will be "significant workforce reductions."
Some Social Security beneficiaries will receive an extra payment next month. Here's who will get the extra checks and why.
The Social Security Administration will set its 2025 cost-of-living adjustment within days. Here's what the experts say.
Social Security is counting on its Login.gov service to shrink lengthy wait times for people who need to call the agency.
The 2024 inflation adjustment won't be as large as last year's hike. That means some older Americans could lose ground.
Many retired teachers in Texas are struggling to make ends meet on fixed pensions with historic levels of inflation, so they're fighting for a cost-of-living increase this legislative session.
House Republicans who may regain majority in midterm elections say "miracle" of longer lives necessitates raising retirement age.
People can now change their sex marker on their Social Security number record without sex designation documentation.
With inflation forcing many seniors to cut back on food and medicine, annual cost-of-living hike will boost their income.
Each year, seniors and others on Social Security receive a cost-of-living adjustment. Next year, they'll see an 8.7% hike.
