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Social Security Matters

Help! Social Security Reduced my Monthly Payment!

Dear Rusty: My last Social Security payment decreased by about $400, so I went to my online SS account and found a November 2025 letter explaining that my 2024 tax return showed a greatly enlarged AGI (Adjusted Gross Income). Thus, SSA decided to withdraw monies, as of Jan 2026, from my bank account because I’d owed far more monies to them! The lett…