Social Security Benefits at Risk: Garnishments Explained
Update: 2025-12-30
Description
Social Security Benefits at Risk: Understanding Garnishments and Debt CollectionThis episode delves into the potential threats to your Social Security benefits, including garnishments for unpaid debts. While private debts cant touch your benefits, government debts like child support, taxes, or federal student loans can lead to significant reductions. The IRS can take up to 15% for taxes, and other government debts can be garnished at the same rate, potentially cutting up to 50% until resolved. This can force tough choices for beneficiaries relying on every dollar for essentials. However, recent updates include a pause on future garnishments for unpaid student loans. If your benefits are being garnished, acting fast can help lower or stop the offsets. Checkout Solipillow.com
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