Some Social Security recipients could experience a payment garnishment as an agency clawback policy on previous overpayments doled out to seniors goes into effect later in July.
The Social Security Administration (SSA) updated the overpayment garnishment rate in April to 50 percent, according to a message from the agency at the time. In some instances, the SSA pays recipients too much due to a miscalculation or if a recipient fails to update their earnings.