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(5), Protect Yourself From the System & Avoid Clawbacks
By: Laurence Kotlikoff, Terry Savage
Narrated by: Terry Savage, Alexander Kotlikoff
Length: 5 hrs and 57 mins
Unabridged Audiobook
Release date: 12-26-23
Categories: Self-Help, Money & Finance, Retirement Planning
Language: English
Publisher: Ascent Audio
Format: mp3 64/48 stereo
Learn how to make sure you get the correct Social Security benefits, avoid frightening clawbacks, and how to deal with the opaque bureaucracy of Social Security.
Social Security admits it has made $21.6 billion in incorrect benefits payments! Now it wants its money back—from widows, orphans, retired schoolteachers, and even young children whose parents received disability benefits on their behalf.
Often with no explanation, they send threatening letters clawing back amounts ranging from several thousand dollars to more than $100,000. The clawback notices all carry the threat that benefits will be stopped immediately if a repayment plan is not set.
But it's almost impossible to get an explanation, the records, or an appointment for a resolution of these clawback demands. It could happen to you—or to someone you love.
We wrote this book to help you and let you know you're not alone. We are also working to pressure Congress and the Treasury Secretary to prevent these intimidating clawback interactions that impact our most vulnerable citizens.
©2023 Kotlikoff and Savage, K&S Productions, Ltd. (P)2023 Ascent Audio
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User comments Sort newest first
by Wristymtry
on 2024-01-04 21:47:58
 | In Australia the Conservative Right Wing government introduced an automated data-matching system in 2016. The system became know as the "Robodebt scheme". Four years later that same government announced that it would scrap the debt recovery scheme, with 470,000 wrongly-issued debts to be repaid in full. A class-action lawsuit was launched but the Australian government agreed to settle it before it could go to trial. The next year the Federal Court approved a A$1.872 billion settlement. |
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