Thursday, May 9, 2019

DANGER OF NOT BEING TRUTHFUL WITH SOCIAL SECURITY

Just spoke with a gentleman today who has been getting a Social Security disability benefit for 11 years.  

He now has big trouble.  He just got a letter from the Social Security Administration demanding that he repay them $36,000.  They want their money.

How did he get in this awful fix?

By going back to work and continuing to cash his monthly Social Security disability checks each month, that's how.

He allowed Social Security to keep sending him a check each month, which he cashed, even though he wasn't entitled to the money. 

It took years for Social Security to catch their mistake.  But they finally did.  They always do.  Now, they want their money back.  Of course, the gentleman doesn't have the money; he spent it.

This gentleman is calling all over town for a lawyer who can fix this mess for him.  Nobody can fix it.  He owes the money.

What's my point?  If you receive a Social Security disability check and decide to return to work, that's fine.  But you must notify Social Security that you have gone back to work.  Depending on how much you earn, you may be disqualified from getting future Social Security checks.  Do not just keep cashing the checks while you work. 

This may result in an over payment of thousands of dollars in benefits, which the government will want repaid. 

It's trouble nobody wants or needs.  Be honest with Social Security.  If you are working, tell them.  Believe me, it's best for you.

 

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