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More Social Security recipients may owe taxes on their benefits for the first time this tax season, according to the Senior Citizens League (TSCL).

Taxes on your taxes.

1 posted on 04/05/2024 11:20:27 PM PDT by Libloather
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To: Libloather

In some cases, they end up waiving the entire overpayment and just carry on; If someone is terminal, disabled, elderly with no other resources, no hope of ever repaying it.

I used to work at SS. (2014-2016)


2 posted on 04/05/2024 11:58:36 PM PDT by Az Joe (Live free or die)
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To: Libloather

Do people here recommend taking SSI as soon as you turn 62, or wait until you’re 70 so the payments are larger (assuming you don’t need the money right away).


3 posted on 04/06/2024 1:51:10 AM PDT by Angelino97
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To: Libloather
"... the Social Security Administration will extend repayment plans to 60 months ...giving recipients an additional two years to repay the money...

Fine, ya can't borrow thousands over 60 months at 2%, anywhere

10 posted on 04/06/2024 5:11:19 AM PDT by SMARTY ("A lie which is half a truth is ever the blackest of lies." Tennyson)
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To: Libloather

In case anybody was wondering, this IS the same Martin O’Malley who was Maryland governor from 2007 to 2015.


18 posted on 04/06/2024 6:15:22 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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Americans weigh in on whether a comfortable retirement is possible in today’s economy

https://www.foxbusiness.com/personal-finance/americans-weigh-whether-comfortable-retirement-possible-todays-economy


19 posted on 04/06/2024 6:19:22 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: Libloather
"Social Security Administration announces new measures to deal with overpayments"


22 posted on 04/06/2024 7:27:09 AM PDT by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: Libloather

I’m confused about the overpayment.


33 posted on 04/08/2024 12:53:31 PM PDT by Fledermaus (Is it me, or all of a sudden have the buried trolls come out on FR like cicadas? It's all noise.)
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