Publisher Description
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.
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About the Authors
Terry Savage is a nationally recognized financial authority and winner of the National Press Club Award for Outstanding Consumer Journalism. The author of two bestselling books, Terry Savage’s New Money Strategies for the ’90s and Terry Savage Talks Money, she writes a weekly syndicated column on personal finance for the Chicago-Sun Times, is the personal finance columnist for Barron’s Online, and is a featured expert on Microsoft’s Money Central web site. Savage is a regular commentator on PBS’ Nightly Business Report, and appeared daily on Chicago’s CBS television station for over twelve years. Savage started her career as a stockbroker and became a founding member and the first woman trader on the Chicago Board Options Exchange. She serves on the Board of Directors at McDonald’s Corporation.
Laurence Kotlikoff is a professor of economics at Boston University, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, president of Economic Security Planning, Inc., and director of the Fiscal Analysis Center. A New York Times bestseller author, he has written nineteen books and hundreds of professional articles and op-eds. He is amfrequent television and radio guest. His columns have appeared in the New York Times, Wall Street Journal, London Financial Times, the Boston Globe, Bloomberg, Forbes, Yahoo.com, Fortune, and other major publications. In 2014, The Economist named him one of the world’s 25 most influential economists.