Tag Archives: Garnished

Social Security Is Owed Tens of Billions of Dollars, and the Donald Trump Administration Aims to Collect. Will Your Benefit Be Garnished?

Social Security Is Owed Tens of Billions of Dollars, and the Donald Trump Administration Aims to Collect. Will Your Benefit Be Garnished?

An up-to-50% monthly payout reduction may be a reality for more than 1,000,000 Social Security recipients. For most retirees, their Social Security income is indispensable. When surveyed by national pollster Gallup in April, 86% of retirees said that their monthly check is a “major” or “minor” income source. In other words, it’s a necessity, to some varied degree, to make …

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