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If you owe the government money due to previous overpayments on your Social Security checks, expect to see much smaller payments next month.

The Social Security trust fund could face insolvency by late 2032, per CRFB estimates. That would trigger a 24% automatic benefit cut—about $18,000 annually for a dual-earning couple.

Roxbury man in custody for allegedly knocking elderly man unconscious and stealing his Social Security card By Truman Dickerson Globe Correspondent,Updated July 23, 2025, 1:51 p.m.

If the payroll tax rate is increased to make Social Security solvent, the median young worker will be out at least $2,432 a year.

Learn how unpaid federal taxes, student loans and court-ordered payments can lead to Social Security garnishment and how to protect your benefits.