"Social Security Makes $1.3 Billion in Overpayments" ... How can this be? What is going on?
The Social Security Administration has paid an estimated $1.3 billion in disability insurance payments to thousands of people who weren't eligible for the benefits…
One recipient, a physician, raked in $90,000 in overpayments over three years, even though he had earnings of as much as $22,000 per month during the five-month waiting period. Two other people have received overpayments of more than $20,000 so far this year, despite the fact they held jobs that paid substantial income during the waiting period.