Tuesday, August 16, 2022

The Saga of Social Security Over Payment

I'm having a battle with Social Security. They say they over paid me last year by about $2,400.00 because I earned too much money. I am not sure if that is correct but I plan to fight it on general purposes. I probably owe it but will get some money back because it was vacation money used to cover my insurance through October of 2021.

Nonetheless, SSA said they were going to take my full payment due this month and about $900.00 of next months payment to cover the over payment.

However, when I checked my bank account last Wednesday, I had my normal payment in my account.

I went on line to my SSA Account to see if I could figure out WTF!

Since I first applied for Social Security, I had also applied for Disability since I believe I was no longer able to work. I have very low stamina and tire out easily. I don't believe I could work an eight hour day.

My plan was to work until 66 1/2 years of age before I retired. My total benefits would be close to $1,900 a month. Since I officially was retired in July of 2021, my monthly payments are about $1,600.00 a month.

If approved for Disability, I would get the $1,900 amount plus whatever had accrued since last July. It took just short of a year for them to complete my Disability claim. 

When I got on the website today to see why I had been paid, I noticed a note saying my Disability Claim had been 100% reviewed. It said I would be receiving a letter in 10 to 15 days to tell me the results.

I also noticed that it showed my next monthly payment would be $1,963.71...the amount I would have gotten had I waited to 66 1/2 years old.

So, what I think happened is: they approved my Disability Claim. They were going to send me a check for around $3,000.00 to cover the difference retroactively. They applied the $3,000.00 to my overpayment. They paid me as usual and I will receive a check from them in a few days for the difference. Probably three or four hundred bucks.

I'll let you know.

 

 

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