can social security ever reduce monthly benefits.?

Question

can social securty ever reduce benfits like cut down on what you get a month and if so how can they do that.

Answer 1

(As this is the Mental Health column, I assume you are referring to Social Security Disability)

Oh, yes they can "re-figure your claim", they can pay you less, and they can even order you to "repay" if they believe you were "overpaid" according to the re-figured amount.

There is also policy to periodically review all disability claims, and to eliminate some of the benefits sent out, reducing the number of disabled people they consider to be disabled.

With all that said, if you are able to stick it in a savings account, they want to know that too, and figure if you really needed the money to survive, you'd spend it.

New SS regulations are coming out all the time - so don't take any body's word for it. Read the regulation for yourself.

Answer 2

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Answer 3

Once you are set up then it takes a legal decision to reduce your benefits. That's one problem, once you have committed the fraud to get in it is almost impossible to get them out. I had to sue to get my benefits which is now typical.

Social Security will collapse in 10-20 years, Congress keeps raiding the fund and refuses to do anything to improve it or address the problem of retiring Baby Boomers. When it started there were 6 working people for each retired person and they only lived a few years. Now there are only 4 working people per retire, and they are expected to live for years. in the future it will get worse.

So either Congress lets it collapse; I doubt it, tires to shore it up and improve it; I doubt it, or they will reduce our benefits. The age of retirement has already been raised, and that took a piece of legislation, but with the population boom and the increasing life span that wasn’t a reasonable increase in the age. The AARP is very strong and raising Social Security age limits any more will only antagonize them. If Lobbies are still strong when Social Security is in danger of collapsing then the AARP will make sure Congress does something or people will get voted out of office. With each passing year the AARP gets stronger. But, the democrats just got lobby reformed laws passed, so the strength of lobbyists is in doubt. They will have hundreds of lawyers looking at how to get around the law, but more and more of their loopholes have been plugged.

Congress will cut Social Security Benefits, across the board something in the next decade.

Answer 4

Hope gave excellent advice... and on top of that, if you're working and making more money than you're allowed during your trial work period (i believe it's a 9 month period) they can cut your SSI/SSD completely.