The Social Security Administration (SSA) has introduced new rules to handle overpayments, allowing beneficiaries to keep extra money in certain cases. Previously, recipients were required to pay back the full amount, which could impact their financial stability. The four-step plan, announced by SSA Commissioner Martin O'Malley, aims to help claimants who receive an overpayment due to errors or appeals. The changes include reduced default withholding from 100% to 10%, a longer repayment period of up to 60 months, and easier access to waivers for non-faulty cases.
Source: https://www.cnet.com/personal-finance/do-you-have-to-pay-back-extra-social-security-money/#ftag=CAD590a51e