What Social Security beneficiaries need to know about overpayment policies

Mstudioimages | E+ | Getty Images Social Security beneficiaries who owe money to the Social Security Administration may see much lower default withholding rates from their monthly checks, thanks to new policies that are going into effect. As of March 25, the Social Security Administration no longer plans to collect 100% of a total monthly … Read more

SSI beneficiaries to receive a cost-of-living adjustment in 2024

Mark Edward Atkinson | Tetra Images | Getty Images What to watch for with ‘two check’ months SSI recipients must comply with strict rules. Individuals have a $2,000 limit on resources they may own such as property, stocks, bonds or bank accounts. For couples, the limit is $3,000. These thresholds have not changed since 1989. … Read more