Social Security Made Nearly $72B in Improper Payments, Watchdog Reveals

What You Need To Know

• The payments, comprising less than 1% of total benefits paid, were mostly overpayments made from fiscal years 2015 through 2022.
• The SSA recently eased the rules around recovering overpayments to reduce financial hardship to the beneficiaries who must pay back the excess amount.
• The agency is working to improve data collection to help prevent overpayments.