Seniors who earn outside income while collecting Social Security retirement benefits are probably familiar with the earnings test. Under this rule, your benefits can be reduced depending on how much.
More than two million Americans each year face overpayments from the Social Security Administration – more than double the amount the agency’s acting commissioner provided to members of Congress during a hearing in October.
The Social Security chief under-reported to Congress the number of Americans facing Social Security overpayments from the agency by at least 1 million.