As new regulations take effect in late 2024, Social Security beneficiaries with outstanding debts face potential reductions ...

To receive the highest Social Security benefits, you'll have to earn at least the maximum taxable amount annually. For 2025, ...

If the Social Security Administration overpays you, it's not free extra money -- you will be expected to pay it back or have wages garnished.

For retirees who claim benefits at Full Retirement Age—currently set at 67—the maximum monthly payment is $4,018. If you choose to start benefits at the earliest eligible age of 62, the maximum amount ...

It ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), which reduced or eliminated the Social ...

When you claim Social Security has a big impact on how much you'll receive each month. If you claim early, you might end up regretting the reduction to your benefit. These two rules can help in ...

You'll also need to repay the Social Security Administration all of the money it paid you to get a chance at a later filing. But if you're able to make that work, you can potentially undo an early ...

Social Security allows you to step back on your application if it’s been less than 12 months since you started benefits. But remember that you’ll have to repay everything you received up to ...

Deciding to delay, suspend or repay Social Security benefits should also align with a comprehensive retirement plan. “Working with a trusted financial planner can ensure you’re making the most ...

If you recoup some of that money, you can repay your Social Security benefit within the first year without penalty, allowing your future Social Security benefit to accumulate. If you have debt ...