2 days Ago By James Evenden
AMERICANS will see bigger Social Security payments worth up to $5,100 – but you have to check if you’re eligible.A massive change in Social Security means millions are being paid their credit retroactively, but a loophole could jeopardize it.GettyAmericans will see bigger Social Security payments worth up to $5,100 – but you have to check if you’re eligible[/caption]For years, two provisions in Social Security law meant that millions were not being paid what they were owed.
This particularly effected retirees and first responders.The US Sun reported on the two provisions at the time: the Windfall Elimination Provision and Government Pension Offset.This reduced Social Security benefits for nearly 3 million Americans.
The US Sun shared the story of Ron Bonasso, just one person who was impacted.He said: “I’m just trynna make ends meet here, it’s been no picnic.“There’s a whole bunch of us who have been retired all these years who got schooled by Social Security.
”But just before Biden left office, he passed the Social Security Fairness Act, which repealed the two provisions. Senate Majority Leader Chuck Schumer said: “The Senate finally corrects a 50-year mistake.” RETROACTIVE CASHNow, those who missed out before are finally being paid the Social Security they’re owed, as reported by The US Sun.
Payments up to $5,100 are being given out monthly from April, and you have to check when you’re born before you check your bank account. The cash is being given out on three separate days over the month.On Wednesday April 9, those born between the 1st and the 10th of the month got their cash.
Wednesday, April 16 will pay out the money to those born between the 11th and the 20th.Finally, Wednesday, April 23 will be the day those born between the 21st and 31st will get their overdue Social Security payment.CHECK IF YOU ARE ELIGIBLEIf you are eligible for the retroactive payments, you should have already been notified by the Social Security Administration (SSA).
The overdue cash will be coming out on Wednesday, but there is a protocol in place if people are missed. The SSA recommends that beneficiaries who don’t receive a payment on their due date contact their bank or financial institution first to see if there was a delay.Filing a waiver with the SSAThose who cannot afford to pay back the overpayment amounts noted by the SSA or feel they should not have to can file a specific form.
The form is identified as SSA-632 on the SSA website and can be filled out and submitted at a local office.“If you agree that you have been overpaid, but you feel you should not have to pay it back because you did not cause the overpayment and you cannot afford to repay it, you should file Form SSA-632,” the SSA notes on its website.It also lists multiple repayment options.
Recipients with additional questions are urged to call 1-800-772-1213.If this doesn’t work, try calling 1-800-772-1213 or contacting a local Social Security office.There is also potential trouble for those who will receive the payments.
News Nation reports that the SSA is only updating records of the beneficiaries in November.It is unknown if this could cause any delays to the payment process.If records are not being continually updated, it could risk some falling through the cracks.
The Social Security Administration (SSA) has said: “We are expediting these cases now.“We are releasing retroactive benefits and sending new monthly benefits amounts as we process each case, with the expectation that all beneficiary records will be updated by early November 2025.”GettyNow, those who missed out before are finally being paid the Social Security they’re owed[/caption].
