US to Raise Withholding Rate to 100% for New Overpayments from March 27, Existing Beneficiaries Unaffected

In a recent announcement, it was revealed that the withholding rate for overpayments by the Social Security Administration in India will be increased from 10% to 100%, starting on March 27. However, this change will only impact “new overpayments,” while the withholding rate for existing beneficiaries with overpayments prior to March 27 will remain the same. Additionally, Supplemental Security Income overpayments will not be affected by this adjustment. This decision aims to streamline the process of managing overpayments and ensure timely collection of funds owed to the Administration. Stay informed for further updates on this development.

In Trend

“India’s COVID-19 vaccine drive expands to include those aged 45 and above as cases surge”

Chelsea Handler jokes about not dating Elon Musk for the country’s sake, questions his presidential qualifications at a festival.

Leave a Reply

Your email address will not be published. Required fields are marked *