The Social Security Administration makes mistakes. Sometimes big ones.
If Social Security miscalculated and underpaid you for many years, you might never find out. But these days, many people are getting letters from Social Security saying they have been And Social Security demands that you return such overpayments even if it is responsible for the mistake.In many cases, these long-term errors in Social Security calculations add up to huge amounts.
“One disabled lady was clawed back for over $300,000 for a mistake that Social Security admitted in writing was theirs! Disabled, she wrote a successful book. The woman’s ‘crime’ was receiving royalties on a book she wrote that Social Security told her, for ten years running, would not lower her disability benefits — because royalties aren’t earned income.
“When I asked Social Security for an accounting of how much money they are clawing back, I was referred to their 182-page annual report. Buried on the balance sheet, I found $8.6 billion in “receivables” that “consists mainly of moneys due to SSA from Social Security beneficiaries who received benefits in excess of their entitlement.
“Even worse, if you don’t repay your portion of that $8.6 billion in Social Security mistakes, they almost always will stop sending you a single penny until you’ve repaid what they say you owe.”By submitting your email to receive this newsletter, you agree to our
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