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‘I have 30 days,’ screams Social Security user who didn’t know he was getting an extra $5,235 — now he must use ‘dwindling funds’

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A SOCIAL Security user has claimed he is being asked to pay back thousands of dollars following an alleged overpayment issue.

The frustrated American claimed they were given just one month to get the money and send it to the Social Security Administration (SSA).

A Social Security beneficiary received a notice to repay thousands

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A Social Security beneficiary received a notice to repay thousandsCredit: Getty
The outstanding money came as a result of an overpayment error

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The outstanding money came as a result of an overpayment errorCredit: Getty

“I just received a notice giving me only 30 days to return $5,235.80,” the recipient, James, wrote in a post on an SSA blog on Facebook.

James screamed that he would be forced to dig into retirement accounts that no longer had much liquidity to pay.

“I would have to dip into my dwindling IRA funds to get that kind of money, which would make me suffer even more from income taxes on those funds,” he added.

“I don’t see an ‘effective starting’ date anywhere.”

Read more about Social Security

Based on James’ comments, it appears they were never notified in advance of the overpayments until the total of $5,235.80 was reached.

Overpayments may be due to an error by the recipient or the SSA.

If SSA is responsible for the problem, it will inform the recipient.

Most of the time, the refund process can be adjusted to the recipient’s needs and carried out periodically through future checks.

This is called the automatic overpayment recovery fee.

SSA Director Martin O’Malley confirmed in March that the fee would be set at 10% of the recipient’s checks until the full amount of the overpayment was cleared, by a Press release.

‘Absolute panic,’ screams Social Security user after agency imposes $84,000 in overpayments – and his benefits will be cut

Previously, it was 100% check distributions until the overpayment was resolved.

There is also a way for James to appeal the overpayment if he is sure the error was not his fault or if he simply cannot pay the money back.

It is known as form SSA-632 and can be accessed on the SSA website.

From there, the form can be downloaded and printed by James and he can take it to a local SSA office to submit.

Submitting a Waiver to the SSA

Those who are unable to repay the overpayment amounts indicated by the SSA or who feel they should not be able to do so can fill out a specific form.

  • O form is identified as SSA-632 in the SSA website and can be completed and submitted at a local office.
  • “If you agree that you received an overpayment, but you feel that you should not have to return it because you did not cause the overpayment and you are unable to repay it, you should complete Form SSA-632,” notes the SSA on your website.
  • It also lists several refund options.
  • Recipients with additional questions should call 1-800-772-1213.

Going to an SSA office is the best way for recipients to get more information and resolve an overpayment issue.

NOT ALONE

A couple in Michigan who were initially told by management that they would have to pay back $37,000 within a month were able to work with an SSA agent and had their situation reconsidered.

The SSA found he was not at fault and waived the $37,000 out of “equity and good conscience.”

Still, many have found themselves in a difficult situation over the past year, with issues of overpayments as SSA beneficiaries.

One person was told he owed about $4,000 to the SSA because of his late father-in-law.

Another said he sold his home after paying about $121,000 to management in 30 days.

For more related content, check out The US Sun’s coverage of a Social Security user who saw a $45,000 overpayment and said he will no longer receive his benefits until it is paid.

The US Sun also published the story of a Social Security beneficiary who insists he had no idea about a $30,000 overpayment.



This story originally appeared on The-sun.com read the full story

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