When the organization finds out about errors, it can add on severe penalties, including deep cuts to your future benefits.
Social Security recipients might see some higher payments after the current Social Security Administration commissioner said overpayments will be charged at a reduced rate.Occasionally, the SSA makes an error, which can lead to years of overpayments in your Social Security checks. When the organization finds out about these errors, however, it can add on severe penalties, including deep cuts to your future benefits or ending them altogether until the amount is repaid.
'It's a step in the right direction,' Beene told Newsweek. 'While there are individuals who take advantage of situations involving overpayments, there are many who do not, and at the end of the day, the overpayment is more often than not the fault of the SSA's accounting system.'The SSA is also looking to reduce the average 38-minute hold time to speak to a customer service agent and help those with disabilities receive quicker decisions on their benefits.
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