Social Security Is Now Demanding Money From Certain Individuals

Social Security is now demanding money from certain individuals, leaving retirees and other eligible people in uncertainty.

A Social Security beneficiary was told she owes an additional $2,400 after paying off $4,111 due to overpayments, leaving her broke, reports The-Sun.

Katy Wells warned other recipients about the issue in a Facebook post.

“The Social Security Office needs to be cleaned out and revamped with people that know how to figure math correctly,” she wrote.

Wells explained that when she retired from her job as a school crossing guard in May 2022, she took all the necessary paperwork to a Social Security office to start collecting payments.

Then, in June, she brought in pay stubs to ensure she was getting accurate payments.

Unfortunately, in February 2023, she got a letter from the Social Security Administration SSA saying they had overpaid her $4,111 and that she would need to pay it back.

Wells obliged and was left “broke” after paying the debt, but that wasn’t the end of it.

“They waited until October of 2023 (eight more months later) and want an additional $2,400,” she wrote.

“I knew because of the Windfall Elimination that my SS would be cut and my deceased husband’s check would decrease also.

But under NO circumstances should it have taken this long to figure out my monthly check.”

The Windfall Elimination Provision WEP was passed into law in 1997.

It allows changes to Social Security, reducing benefits for millions nationwide.

Wells said she filled out a waiver in hopes of getting the debt canceled, but it was denied.

She hopes to meet with a debt professional or Social Security expert to determine what she can do next.

“The Social Security Administration is doing this to a lot of people! Be Aware!”

In the comments, many people shared that they had experienced similar situations.

“This is so Bad. I have had to pay them back because they misfigured my SS due to me getting a check from the School board.

They cannot seem to get anyone who works for both right,” commented one person.

“Yes, they kept sending me letters saying different amounts.

Because I worked for the state, I couldn’t draw off my deceased husband.

They had me all screwed up. I don’t think they know what they are doing,” added another.

Have you had a similar experience? Leave your thoughts below.

For more news and updates like this, opt-in for push notifications.

Also Read: Three Massive Bank Branches Are Now Closing in California

Other Economy News Today

Market News Today - Social Security Is Now Demanding Money From Certain Individuals.
Market News Today – Social Security Is Now Demanding Money From Certain Individuals.

A leading clothing retailer now makes an unexpected mall closure due to a plunge in foot traffic since the pandemic.

Sportswear brand Lululemon is closing its Pacific Place store in downtown Seattle.

The retailer’s last day of sales will be April 21, reports Seattle Times.

Lululemon did not respond to inquiries about reasons for the closure.

Besides its Pacific Place store, Lululemon has nine stores in Washington including another Seattle location at University Village and an outlet store in Tulalip.

Vancouver, B.C.-based Lululemon is the latest to exit downtown.

The announcement follows 112-year-old jewelry store Fox’s Seattle, located at the Fairmont Olympic Hotel, which will close this month.

The president and owner, Zoey Mann, said she was closing Fox’s because she wanted to spend more time with her family and because people weren’t shopping downtown as much as they used to.

The closure of Lululemon will be a hit to the Pacific Place mall, which has struggled with a retail slowdown since the coronavirus pandemic.

Pacific Place owner Avison Young said in an emailed statement that Lululemon’s decision to leave the mall is “unfortunate.”

“Avison Young’s leasing team is actively seeking tenants that will best serve and appeal to the community and provide long-term stability for Pacific Place and downtown Seattle, and there is keen interest from prospective tenants,” the statement read.

“Avison Young’s leasing team is actively seeking tenants that will best serve and appeal to the community and provide long-term stability for Pacific Place and downtown Seattle, and there is keen interest from prospective tenants,” the statement read.

Other Pacific Place tenants include jewelry store Tiffany & Co. and soup dumpling restaurant chain Din Tai Fung.

Despite the closures, the city’s core is home to more than 2,500 storefronts, according to the Downtown Seattle Association, which advocates for downtown recovery.

By DSA metrics, downtown Seattle is still recovering from the pandemic shutdown four years ago.

In February 2024, the total number of visitors was 87% of the number seen in February 2020, and worker foot traffic in February was at 57% compared to the same period in 2020, according to DSA.

“But retail closures like Lululemon show work remains,” a DSA spokesperson said.

“We must ensure an inviting environment for Seattle’s entrepreneurs, their employees and customers.”

For more news and updates like this, opt-in for push notifications.

Also Read: New Social Security Benefit Will Now Save Beneficiaries Money

Market News Published Daily 📰

Market News Today - Social Security Is Now Demanding Money From Certain Individuals.
Market News Today – Social Security Is Now Demanding Money From Certain Individuals.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Scroll below to view my stock purchases this month!

You can also follow me on X (Twitter)InstagramFacebook, or LinkedIn for daily news and updates on your favorite stories.


Frank Nez’s Stock Portfolio

Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?

Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.

11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.



3 Comments

  1. LaTaya Gilmore

    social Security disability is attacking me. They slept me with a $49,000 overpayment that I don’t owe. They change my paperwork to stop my disability benefits, judge Balll something is really wrong with this lady. I really think she hate pretty black women because they have stopped my income since February leaving me homeless without being able to pay my bills and no one is listening to me. I called WABL and these people play games with me. mr. Gary was helping me but this lady name is Jenny picked up the phone and told me I couldn’t talk to him no more and then she kept picking up the phone saying bye-bye like 15 times I called back because I needed help and then in return, he told me I disrespected her. I can’t get the help so I’m left out here Baltimore to suffer.

  2. Frank Nez

    Leave your thoughts below.

  3. Frank Nez

    For more news and updates like this, opt-in for push notifications.

© 2024 Franknez.com

Theme by Anders NorenUp ↑