News

Social Security Update: Thousands See Their Payments Reduced
Withholding occurs when the SSA retains part of a monthly benefit payment until the overpayment debt is fully repaid.
Should You Claim Social Security Sooner? A Shortfall and Shrinking Buying Power Spark Urgency for Retirees
Locking in guaranteed payments early can be appealing, but retirees should carefully consider the long-term impact.
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Trump Administration Halts Social Security Garnishment for Student Loan Defaults
The Trump administration temporarily halted garnishment of Social Security benefits for defaulted student loan borrowers. Over 450,000 Americans over 62 have defaulted on student loans while relying ...
Social Security overpayments: Here’s how Social Security withholding is soaring
The changes to Social Security’s repayment policies will mean that some recipients will see 50 percent of their monthly check ...
How IRS Collections Target Social Security Survivors - Clear Start Tax Urges Spouses to Review Past Debt Before It's Too Late
Clear Start Tax warns surviving spouses about tax liens, joint return risks, and surprise benefit garnishments.
Social Security Garnishment Began on July 24 for Potentially 1,000,000-Plus Beneficiaries -- Here's How You Can Legally Avoid or Reduce It
President Donald Trump's administration has begun garnishing Social Security benefits for those who've been overpaid.
Social Security's 2026 COLA Has the Makings of a No-Win Situation
Social Security COLAs are based on third-quarter changes to the Consumer Price Index for Urban Wage Earners and Clerical ...
Thousands of retirees may see Social Security checks docked by 15% if Trump admin resumes collections
The Trump administration has threatened, then revoked threats, to resume collections on federal student loans. A higher education expert, Mark Kantrowitz, told CNBC that if the administration ...