News

President Donald Trump's administration has begun garnishing Social Security benefits for those who've been overpaid.
Social Security payments are used to an estimated 67 million people - federal data shows - 173,226 of them in New Jersey.
The Social Security Administration, which overpays billions in benefits annually, is beginning to withhold some benefits sent ...
Some Americans will see their Social Security checks drop by 50% after the Social Security Administration announced in April that it would start withholding payments from recipients who were overpaid ...
Most retirees rely on this money in their monthly budgets. Find out if you or your loved ones will be impacted.
In an April 25 "emergency message" to Social Security employees, the agency said it is reducing its overpayment clawback rate to 50% from 100%.
The Social Security Administration, which overpays billions in benefits annually, is beginning to withhold some benefits sent to overpaid recipients.
Social Security clawbacks, huge Medicare changes coming in 2026 and more. Catch up on all the news and advice from this week's Retirement Daily.
Jane Pauley hosts our annual "Money Issue," this year focusing on securing a fulfilling retirement. "Sunday Morning" ...
Retired workers who have been paid too much will have 50% of their Social Security benefits withheld starting in late July. Beneficiaries who believe a mistake has been made, or else cannot afford to ...
The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.
Millions of Americans were left surprised, and in some cases financially squeezed, after receiving their July Social Security checks. While there's been no official cut to benefit ...