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Social Security Shocker: Overpayments To Haunt Beneficiaries Amidst Policy Tweaks

Beneficiaries who owe money to the Social Security Administration will see lower amounts withheld from their monthly checks thanks to new policies. The agency will collect either 10% of the benefit or $10, whichever is greater. Beneficiaries can also qualify for a waiver to avoid paying back the excess benefits. These changes aim to reduce the burden on beneficiaries who have been overpaid.