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US Recovers $31 Million in Social Security Payments
3 Groups of People Who Could Get More Social Security in 2025 (and It's Not Because of the Cost-of-Living Adjustment)
Social Security checks saw a 2.5% boost this month thanks to the latest cost-of-living adjustment (COLA). For most retirees, this is the only benefit increase they can expect all year. Their checks won't go up again until the next COLA takes effect in January 2026.
Government Recovers $31 Million in Social Security Payments to the Dead
The money came back when the Department of Treasury gained access to the Social Security Administration's "Full Death Master File."
Third round of January Social Security payments goes out in six days
The third round of January’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the third group of retirees in six days. Retirees born on or after the 21st of a month will receive their payments on Jan.
US recovers $31 million in federal payments to dead people
The U.S. government clawed back more than $31 million in federal payments that improperly went to dead people, a recovery that one official said Wednesday was “just the tip of the iceberg.” The money was reclaimed as part of a five-month pilot program after Congress gave the Department of Treasury temporary access to the Social Security Administration ’s “Full Death Master File” for three years as part of the omnibus appropriations bill in 2021.
US Reclaims An Absurd Amount Of Social Security Payments To Dead People
Rumors of Social Security payments being issued to dead people have circulate for years, and it turns out that there was in fact an issue.
US retrieves $31 million in improper Social Security payments to dead people
The Treasury Department recovered more than $31 million in Social Security payments made to dead people due to a five-month pilot program approved by Congress. The pilot program has given the Treasury temporary access to the Social Security Administration’s “Full Death Master File” for three years as part of a 2021 appropriations bill.
Social Security recovers $31 million in improper payments
In a groundbreaking initiative, the U.S. Treasury Department has successfully recovered over $31 million in Social Security overpayments made to deceased individuals.
2h
on MSN
3 Social Security Moves to Make in Early 2025
You may have a lot on your plate as you navigate your way through the start of 2025. But it pays to tackle these Social ...
5h
Billions in fishy Social Security payouts show why we need DOGE to stop fraud | Letters
In 1983, the Windfall Elimination Provision and the Government Pension Offset, which reduced Social Security payments for ...
1d
Game-Changing Social Security Boost For Teachers & Public Workers
The Social Security Fairness Act eliminates two provisions, the WEP and the GPO, that have been penalizing a sizable portion ...
16h
on MSN
Some Social Security Recipients to Get Higher Benefits Under New Bill
Proposed legislation aims to increase Social Security benefits for adults with intellectual or developmental disabilities by ...
24/7 Wall St. on MSN
37m
Trump Wants to Eliminate Taxes on Social Security Benefits -- but Will That Cause Even More Problems?
Social Security is a critical source of income for millions of retirees, a good number of whom have to get by on those ...
1d
1 Little-Known Social Security Rule Could Boost Your Monthly Check Up to 26.7% in 2025, Even If You've Already Claimed Benefits
The age at which you decide to claim Social Security retirement benefits can have a huge impact on the size of your monthly ...
15h
on MSN
Social Security Cost-of-Living Adjustment (COLA) Projected To Shrink Further in 2026
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that ...
2d
What the Social Security Fairness Act Means for You
Retirees with public pensions and their spouses are now eligible for their full Social Security benefits.
4h
on MSN
Study: 54% of Retirees View 2025 Social Security COLA as Insufficient
Social Security cost-of-living adjustment, or COLA, went into effect recently and was reflected on the payments received in ...
6d
on MSN
Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.
1d
Bridging the gap to Social Security with an annuity: How it works
For early retirees, using an annuity is one way to bridge the years between leaving the workforce and claiming Social ...
10h
Everything You Need to Know About Social Security’s WEP and GPO
The Government Pension Offset, or GPO, was another provision that can significantly reduce Social Security benefits. GPO also ...
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Windfall Elimination Provision
COLA
Cost of living
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