With an effective date of April 25 on the SSA's communication, it means the 90-day grace period is up as of July 24. The north of 1,000,000 beneficiaries who still owe the SSA following an overpayment ...

The Trump administration temporarily halted garnishment of Social Security benefits for defaulted student loan borrowers. Over 450,000 Americans over 62 have defaulted on student loans while relying ...

This year, September's CPI-W reading should be released on Oct. 15. So, that's the day to tune in for the biggest Social ...

But now that collections have been back for several months, some defaulted borrowers need to worry about potential wage ...

Social Security COLAs are based on third-quarter changes to the Consumer Price Index for Urban Wage Earners and Clerical ...

The Trump administration handed a bit of relief to some Social Security recipients. Officials announced they’re pausing the garnishment of benefits for student loan borrowers who’ve defaulted ...

The Department of Education paused its plan to garnish Social Security benefits for defaulted student-loan borrowers, a process that was initially set to take effect when the administration ...

She added, "The Trump Administration is committed to protecting Social Security recipients who oftentimes rely on a fixed income. In the coming weeks, the Department will begin proactive outreach ...

The Trump administration handed a bit of relief to some Social Security recipients. Officials announced they’re pausing the garnishment of benefits for student loan borrowers who’ve defaulted ...

That led Social Security beneficiaries who have had their payments garnished to balloon from approximately 6,200 beneficiaries to 192,300 between 2001 and 2019, according to the CFPB.

Farro previously had her Social Security garnished and expects it to restart. Farro's loans date back 40 years. She was a single mother when she got a bachelor's degree in developmental psychology.

Having your wages garnished can create a serious dent in your paycheck. Here are some tips for getting by on a lower income and rebuilding your finances.