subscribesubscriber servicescontact usabout ussite mapBuy a Classified
Thu, Nov 26 2009 

Published: October 19, 2009 04:35 pm    print this story   email this story  

What to do if Social Security pays you too much

By Brian Hewitt
Special to the Tribune-Star

What should you do if Social Security pays you too much? That may seem like a strange idea at first, as most people worry about not having enough money. If you receive monthly Social Security or Supplemental Security Income benefits, an overpayment can occur for many reasons, including work or another benefit that requires a reduction in your Social Security or SSI payment.

If Social Security does pay you too much, you will receive an overpayment notice in the mail. If you have a representative payee who helps you manage your money, a copy of the letter will go to your payee.

The notice will explain why you were overpaid, your repayment options, and your appeal and waiver rights. You should read the notice carefully.

If you agree with the overpayment decision, you have options for repaying it. We can withhold your overpayment from your monthly benefit payments or withhold a portion of your payment until the money is paid back.

If you no longer receive benefits, you can send a check to Social Security for the entire amount or set up a plan to pay back the amount in monthly installments.

If you are not receiving benefits, and you do not pay the amount back, we can recover the overpayment from your federal income tax refund, from your wages if you are working, or from future SSI or Social Security benefits. If you do not make an effort to repay the amount due, we may report the delinquency to credit bureaus.

If you believe that the overpayment decision is wrong and you should not have to repay it, you have the right to appeal the decision or request a waiver of recovery. If you believe you were not overpaid or the amount of the overpayment is wrong, you can file an appeal within 60 days of receiving the overpayment notice.

If you agree that the overpayment is correct but you believe it was not your fault and paying it back would cause you financial hardship or be unfair for some other reason, then you can request a waiver of recovery. Whether you submit an appeal or waiver request, all recovery would be suspended until a formal decision is sent to you.

It’s also important to know that Social Security will not take action to begin collecting on an overpayment without first notifying you and giving you the chance to appeal the decision.

It’s also good to know that no matter how long it takes to pay back an overpayment, Social Security never charges interest on the money owed.

If you’d like to learn more about Social Security and SSI overpayments, we have a convenient and easy-to-read electronic fact sheet on the subject.

You can find it at www.socialsecurity.gov/pubs/10098.html.

print this story   email this story  



Terre Haute Progress Retail health medical manufacturing education

Terre Haute
autoconx
Visit zip2save.com for all your favorite circulars & coupons!
Circulars
Coupons
Deals Zip2Save.com, online advertising circulars, deals, coupons and travel specials.
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Terre Haute

Terre Haute News Morning Headlines

Terre Haute ClickLocal

Terre Haute Tribune-Star Newspaper Dial-A-Pro

Terre Haute Tribune-Star Newspaper Live in the Clubs

Terre Haute News on Twitter

Premium Jobs

EXPERIENCED DENTAL ASSISTANT NEEDED
to work 2-3 days a week in a busy dental office, emphasizing in oral surgery. Pay commensurate on experience & backgroun...>MORE

ADULT THERAPIST
LifeSkills has a full-time Adult Therapist position available for our service center in Metcalfe County. The position is...>MORE

MANAGEMENT (KEYHOLDER) POSITION WITH LOCAL
shoe store. Exciting career opportunity. Retail experience preferred. Competitive benefit package. Apply at SHOE SHOW, 2...>MORE

DENTAL HYGIENIST POSITION,
part time and or as needed. Send resume to P.O. Box 1172, Tompkinsville, KY 42167.

...>MORE

CAREER MINDED INDIVIDUALS SEARCHING FOR A HOME
We offer HOME ON WEEKENDS!!
2500 miles per week
100% no touch freight
No force dispatch to NYC. Safety & ...>MORE

NOW HIRING OWNER OPERATORS
Call 270-678-7379....>MORE

ELECTRICIAN WANTED. KY LICENSE PREFERRED.
OSHA 10 hr. 10+ years exp., commercial, EOE, Drug free workplace. Job is located in Glasgow, KY. Interested applicants c...>MORE

See all ads
Premium Autos

LOOKING FOR A GREAT AUTO DEAL?.....
Looking to buy or sell?
Check here for the Premium Auto Section.
You can post an ad with unlimited text and ...>MORE

2002 HONDA TRIKE GL-1800
40k miles. Asking $27,000. For more info call 270-404-2959.

...>MORE

93 CHEVROLET CONVERSION VAN,
123,000+ miles., new tires, runs & looks great. Must see. $1795 O.B.O. 453-3726 or 670-8131.

...>MORE

See all ads
Premium Homes

LIVE IN CAREGIVER NEEDED
for elderly woman. Will provide room and board to take care. 270-427-5468.

...>MORE

GREAT LOCATION! BEAUTIFUL WELL KEPT HOME
at 97 Garet Way (Garnett Grove Subd.) 3 BR, 2 BA, finished basement, 2 car garage, approx. 2,000 sq. ft., mature landsca...>MORE

2 BR, 1 BA TRIPLEX ON IVY ST.
Deposit & reference required. 270-590-0969. Cfter 6 pm. 270-646-2938.

...>MORE

GLASGOW CITY, LARGE 2 BR APARTMENT, C/H/A,
close to hospital, fridge & range furnished, W/D hook-up. Dep. & references required. $375 mo. Call 270-773-5189 or 270-...>MORE

EFFICIENCY GARAGE APARTMENT,
nice, clean, country setting, elec., water, gas heat, stove, fridge, & trash included. $375 mo. & $375 deposit. Call 678...>MORE

3 BR, 1 BA DUPLEX IN THE COUNTRY.
Appliances furnished including D/W, service pets only, references required. 1 yr. lease. $495 mo. + $100 deposit. Call 2...>MORE

2010 FLEETWOOD 14X60, 2 BR, 1 BA, APPLIANCES, AIR.
Delivered, set up, skirting. List price $26,300, Sale price $24,900. Goffs' Homes. 270-789-4092.

...>MORE

2 BR, 1 BA HOUSE, $350 MO. + $350 DEP.
Fridge & stove included. Call 270-404-1795.

...>MORE

2010 FLEETWOOD 32X80, 4 BR, 2 BA, FAMILY RM.,
fireplace, mud room, 6" walls, thermo windows, appliances, airs, OSB wrap, 2279 sq. ft., delivered, set up skirting, lis...>MORE

3 BR, 1 BA, HOUSE,
Garage, 113 Childress, $650 mo. Call 270-659-0059 anytime....>MORE

See all ads
Today's Featured Jobs

Stylist Needed
stylist needed,
low weekly booth
rent. 249-4230

...>MORE

Currier Driver
Currier DRIVER
No Exp. Needed,
Flexible hours,
Excellent pay,
1-888-208-4336
...>MORE

See all ads
Today's Featured Autos

02 Harley
02 HD Heritage Soft-
tail, mint cond, 4500
mi, lots of extras ga-
rage kept $11,500.
765-301-0201...>MORE

93 Lexus
93 GS 500 Lexus,
runs good $1000
obo. 217-808-2108
/217-808-0438...>MORE

See all ads
Today's Featured Homes

1 & 2 Bdrms
1 & 2 bedroom
Util pd, 234-6367
Call to pick up keys

...>MORE

Springhill Apts
SPRINGHILL APts
Next to Springhill
Wholesale
1-2-3 BR units.
299-9842.
...>MORE

See all ads
Today's Cool Stuff

Want to buy Baby Crib
Want to buy Baby
Crib. Dark Wood
Preferred 249-1068

...>MORE

Ping Pong Table
Nasser’s Consign-
ment pingpong table
$100 reclinr $75 2355
3rd Ave 232- 7456
...>MORE

See all ads

Loading Calendar...
(requires Javascript)
© 1995-2009, The Tribune Star, TribStar.com 222 South 7th Street, Terre Haute, Indiana 47807 • Phone: (812) 231-4200
Advertising • Circulation • Editorial • Administrative • Online
Place a Classified Ad
rtj

 

Community Newspaper Holdings, Inc. • CNHI Classified Advertising Network • CNHI News Service
Associated Press content © 2009. All rights reserved. AP content may not be published, broadcast, rewritten or redistributed.
Our site is powered by Zope and our Internet Yellow Pages site is powered by PremierGuide.
Some parts of our site may require you to download the Flash Player Plugin.
View our Privacy Policy
Advertiser index