Social Security Checks Shrink for Some Americans

Starting in July, some Americans will see smaller Social Security checks.
The Social Security Administration recently discovered it overpaid millions of dollars over past years.
These overpayments were caused by miscalculations or unreported income changes.
To recover the money, the agency has been withholding 10 percent from checks of those overpaid.
Now, Social Security is increasing that withholding to 50 percent for some recipients.
This change aims to speed up repayment of the overpaid funds.
Recipients who face financial hardship or weren’t at fault can request a waiver.
The waiver process allows some people to reduce or delay repayments.
Social Security officials say they want to balance recovery efforts with fairness.
The adjustments may come as a surprise to some beneficiaries.
Experts recommend that recipients carefully review any notices and contact Social Security with questions.
Overall, this move reflects efforts to correct past payment errors and protect the program’s integrity.