There is going to be an angry public with the implementation of this new withholding policy from $10 to $50. This comes at a time where affordability is getting worse.
$40 extra causes homelessness? Please my gym membership is three times that. People can afford to pay a little extra for overpayments they likely caused. Collecting $10 a month was a joke. I think minimum would be about $200/mo—I pay more per month in streaming services.
It looks like this change only affects partial withholding requests without an SSA-634 financial statement. As a result, claimants who can't afford the $50 minimum installment simply need to fill out and send in a financial statement.
In other words, more useless paperwork that nobody still working at SSA has time to process anymore.
I see parallels here with A Christmas Carol. Instead of the ghosts of Christmas’ past, present and future coming to haunt Scrooge’s choices that harm the poor, it will be the voters of midterms future.
McDonald's is losing its low-income customers. Economists call it a symptom of the stark wealth divide.
The struggle of the Golden Arches — long synonymous with cheap food for the masses — reflects a larger trend upending the consumer economy and making "affordability" a hot policy topic. McDonald's executives say the higher costs of restaurant essentials, such as beef and salaries, have pushed food prices up and driven away lower-income customers who are already being squeezed by the rising cost of groceries, clothes, rent and child care.
We are running out of money. The Greatest Generstion's 4 trillion # nestegg they left u s will run out in 8 years. We write off millions in overpayments monthly as overpaid recipients die off. This a much needed changr to help us attain solvency, so we can continue to pay those attorneys fees and benefits.
Running out of money? We have more wealth and money than we or any other nation on earth has ever had! We’ve just chosen to live like we’re in a poor developing nation to spare the billionaire class from paying a fair share of taxes.
If you read the transmittal you'd see that it applies to those NOT receiving benefits but are repaying an overpayment. I don't see many of those at all. Too bad the headline doesn't make that clear.
Incorrect. Installments potentially apply to anyone who has an overpayment, whether they are getting benefits or not provided that they request them.
A person receiving benefits can request partial withholding from their monthly benefits, which is a form of installment payment. A person not getting benefits can also request monthly payments, another form of installment payment. The common factor is that the person is requesting to repay in installments.
The same rules related to determining the amount of installment amounts apply regardless of whether they are getting monthly payments or not.
Why am I not surprised. This comes from Great Gatsby and 300 million ballroom administration. 💃
ReplyDeleteThis minimum payment requirement of $50 came just in time for the holidays…. UNBELiEVABLE!
ReplyDeleteThere is going to be an angry public with the implementation of this new withholding policy from $10 to $50. This comes at a time where affordability is getting worse.
ReplyDeleteAnother compassionate-yet-fair move from COSS Frank Bisignano. My office has been very impressed with Mr. Bisignano. Really has his eye on the ball.
ReplyDeleteDo you work in a office?
DeleteAnd exactly how is taking more money from poor people without due process compassionate?
DeleteSSA guards will be working overtime with irate claimants. Personally, I don’t blame them. Many will be a step closer to homelessness.
ReplyDelete$40 extra causes homelessness? Please my gym membership is three times that. People can afford to pay a little extra for overpayments they likely caused. Collecting $10 a month was a joke. I think minimum would be about $200/mo—I pay more per month in streaming services.
DeleteWow some antionetette esque vibes from this one. Yup-for “the poors” 40 bucks could be a big deal. FFS what a turd
DeleteMy guess is this individual attended the Great Gatsby party and has no clue what’s happening on planet earth. Homelessness is spiking everywhere.
DeleteIs this a joke? You are comparing a gym membership and streaming services to putting food on the table? You need a reality check.
DeleteEnjoy your Gold Gym membership and streaming the Disney channels.
Deletegotta pay Mike Flynn his 50 Million....
ReplyDeleteRest assured Commissioner Frankenstein doesn't care one bit about the people dependent on Social Security!
ReplyDeleteIt looks like this change only affects partial withholding requests without an SSA-634 financial statement. As a result, claimants who can't afford the $50 minimum installment simply need to fill out and send in a financial statement.
ReplyDeleteIn other words, more useless paperwork that nobody still working at SSA has time to process anymore.
I see parallels here with A Christmas Carol. Instead of the ghosts of Christmas’ past, present and future coming to haunt Scrooge’s choices that harm the poor, it will be the voters of midterms future.
ReplyDeleteEvery dollar counts in this economy…
ReplyDeleteMcDonald's is losing its low-income customers. Economists call it a symptom of the stark wealth divide.
The struggle of the Golden Arches — long synonymous with cheap food for the masses — reflects a larger trend upending the consumer economy and making "affordability" a hot policy topic.
McDonald's executives say the higher costs of restaurant essentials, such as beef and salaries, have pushed food prices up and driven away lower-income customers who are already being squeezed by the rising cost of groceries, clothes, rent and child care.
Cruelty is the point. It always is the point. Every day. Make it as difficult as possible. Punish.
ReplyDeleteWe are running out of money. The Greatest Generstion's 4 trillion # nestegg they left u s will run out in 8 years. We write off millions in overpayments monthly as overpaid recipients die off. This a much needed changr to help us attain solvency, so we can continue to pay those attorneys fees and benefits.
ReplyDeleteRunning out of money? We have more wealth and money than we or any other nation on earth has ever had! We’ve just chosen to live like we’re in a poor developing nation to spare the billionaire class from paying a fair share of taxes.
DeleteI believe this only affects non-beneficiaries - a much smaller population.
ReplyDeleteIf you read the transmittal you'd see that it applies to those NOT receiving benefits but are repaying an overpayment. I don't see many of those at all. Too bad the headline doesn't make that clear.
ReplyDeleteIncorrect. Installments potentially apply to anyone who has an overpayment, whether they are getting benefits or not provided that they request them.
DeleteA person receiving benefits can request partial withholding from their monthly benefits, which is a form of installment payment. A person not getting benefits can also request monthly payments, another form of installment payment. The common factor is that the person is requesting to repay in installments.
The same rules related to determining the amount of installment amounts apply regardless of whether they are getting monthly payments or not.