SSA resumes debt collections via Treasury Offset Program, risking tax refunds or pensions for overpayment recipients.

Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...

For the first time in five years, Trump is resuming collections for defaulted student-loan borrowers on May 5.

In severe cases, the IRS might garnish future Social Security payments or other retirement ... Even if not required to file a tax return based on income thresholds, doing so might be beneficial.

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 ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished ... will be dinged, tax refunds will be confiscated, and even Social Security benefits are at risk of ...