New SSI Overpayment Recovery Rate – What Beneficiaries Need to Know
The Social Security Administration (SSA) has announced a major change in overpayment recovery policies, but there’s good news for Supplemental Security Income (SSI) recipients. While Social Security retirement and disability beneficiaries will soon face a 100% withholding rate for overpayments, those on SSI will continue with the existing 10% rate. What’s Changing? Starting March 27, … Read more