The Social Security Administration, which overpays billions in benefits annually, will start withholding some benefits sent to overpaid recipients.

Starting July 2025, the Social Security Administration (SSA) will start cutting certain beneficiaries’ payment benefits to 50%- and no, it’s not because of the predicted treasury shortfall. Instead, it is part of the SSA’s policy to recover lost funds disbursed in overpayments.

Social Security recipients will receive another round of payments starting in July, and here's what you need to know.