Key Takeaways The Social Security Administration (SSA) announced in April that it would withhold 50% of benefit payments from ...

Issues at processing centers have been caused by staff reductions and increased workloads, the government agency said.

Each year, about two million people are told they owe the Social Security Administration money because the agency ...

The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...

A record number of 5.2 million Social Security “pending action” claims have led to approximately $1.1 billion in improper payments to beneficiaries as of February 2024. The improper payments ...

(NEXSTAR) – The Social Security Administration (SSA) is wrestling with a “record-breaking backlog” of cases that has led to roughly $1.1 billion in improper payments, according to a new ...

Between fiscal years 2015 through 2022, SSA estimates it made nearly $72 billion in improper payments. Beginning March 27, the Social Security Administration will begin withholding 100% of ...

While it is true that improper payments have been made, including some to dead people, the numbers thrown out by Trump and Musk are overstated and misrepresent Social Security data. “If you take ...

Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.