News

SSA resumes debt collections via Treasury Offset Program, risking tax refunds or pensions for overpayment recipients.
For the first time in five years, Trump is resuming collections for defaulted student-loan borrowers on May 5.
About 195,000 borrowers who haven't paid their student loan bills for at least nine months received a 30-day official notice ...
As of May 5, 2025, the U.S. Department of Education will resume collection efforts on defaulted federal student loans, ending a pause that began in March 2020 due to the COVID-19 p ...
tax refunds, or other federal payments. For Social Security, the withheld amount cannot reduce monthly payments below $750 to ensure a minimum level of support. Wage garnishment: In addition to ...
For today’s Good Question, Chris asks: “Will my mom get her Social Security garnished because ... could have money taken from their wages or tax refunds. On Monday, the U.S. Department of ...
allowing it to seize tax refunds and reduce Social Security benefits for those who owe defaulted student debt. Perhaps most alarmingly for workers, wage garnishment will also kick back in later ...