That's why it can be really alarming to receive a notice that your benefit's about to get cut in half. That's what happened to one married couple a few months ago after they'd been on Social ...

People who have received more Social Security benefits than needed can expect their monthly payments to be cut in half by around July 24 until the overpayment is repaid.

Withholding begins: Around July 24, 2025, depending on when you received your overpayment notice. Repayment options: Online bill pay, credit card, or check. Waiver requests: You can ask the SSA to ...

Some Americans will start getting smaller Social Security payments in July. Don't worry, it's not because of the impending shortfall – although many might already be fretting about that. However ...