The Department of Education says it paused the garnishment of Social Security benefits among defaulted loan borrowers, with plans to resume them "this summer." ...
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Social Security Protected From Student Loan Collections While Wage Garnishments Loom
Retirees on fixed incomes get a temporary reprieve from student loan collections, but working Americans with defaulted loans should prepare for wage garnishments starting this summer.
The Social Security Administration increases the amount of taxable earnings every year to account for wage inflation. For 2025, the maximum taxable earnings is $176,100 — that's up from $168,600 in ...
Paper checks are considerably costlier than electronic fund transfers (EFTs). Whereas a paper check costs the U.S. government ...
If you're collecting benefits on a spouse's (or ex-spouse's) work record, you may lose those if you remarry. Although Social Security is generally protected from private creditors, owing federal debts ...
Now, because of a change implemented by the Trump administration, Social Security can garnish up to 50% of your monthly benefits until it receives the overpayment amount. In this case, if you receive ...
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