Ask Larry

Do You Have Any Idea Why My Social Security Benefit Was $200 Lower This Month?

Hi Larry. My normal Ss benefits check comes at the 3rd Wednesday of the month. I got a direct deposit check on the 13th and it was 200 dollars lower.
Any ideas?

Hi. The reduction in your benefit payment amount could be due to any number of different reasons, such as a Medicare premium increase, a withholding to recover an overpayment of benefits, or some other type deduction like a voluntary income tax withholding. But, without access to your Social Security records, there's no way for me to know for sure. I'm afraid you'll need to call Social Security for an explanation, since they are the only people who have access to your records.

Best, Jerry

Category: 
Posted: 
Jan 14 2023 - 12:43pm
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