Social Security slashes amount of overpayments beneficiaries must pay back
By Tami Luhby, CNN (CNN) — Social Security recipients will now have to pay back much less if they were inadvertently overpaid. The Social Security Administration announced Friday that it will no longer automatically withhold 100% of the overpayment amount from recipients’ monthly benefits. Instead, it will collect 10% – or $10, whichever is greater
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