Social Security payment suddenly dropped $100+ at age 70 - anyone else see this reduction?

same thing happened 2 my sister last yr. SSA said it was cuz of her medicare part D. they took out a bigger premium without telling her!

This could be related to several things: 1. Medicare premium adjustment (IRMAA) if your income from 2 years ago was higher 2. Tax withholding change that might have been triggered by your age milestone 3. Possible recalculation of benefits due to earnings limit no longer applying at 70 4. Could be a systems error where they're not properly applying your delayed retirement credits I'd recommend checking your MySocialSecurity online account while you wait. Sometimes there are notices there that haven't arrived by mail yet. Also, when you do reach someone, ask specifically about all these possibilities, as representatives sometimes don't check all factors.

Had similar happen when I turned 70 last year. Called SSA and after 3 HOURS ON HOLD discovered they had accidentally applied an early claiming reduction to my record even though I claimed at full retirement age! They fixed it and gave me backpay for the difference. Their computer systems are ancient and mistakes happen all the time. DEFINITELY stay on the phone until you talk to someone.

I BET ITS THE GOVERNMENT TRYING TO SAVE MONEY AGAIN!!!! they did this to my husband too and we had to fight for MONTHS to get it fixed. they're HOPING you wont notice or will give up trying to fix it. DONT GIVE UP!!

After working at SSA for 22 years, I can tell you this is most commonly one of three things: 1. Medicare premium adjustments that occur with Income-Related Monthly Adjustment Amount (IRMAA) calculations 2. A recalculation due to additional earnings being posted to your record 3. A correction of a previous overpayment Most important question: did your 2023 tax return show significantly higher income than your 2022 return? If so, that's almost certainly an IRMAA adjustment. Also, check your recent mail carefully - the notice explaining these changes often looks like junk mail and people throw it away without reading it.

Ugh, I feel your pain with those wait times! I was trying to sort out an overpayment issue last month and couldn't get through after trying for DAYS. A friend told me about this service called Claimyr that got me through to an actual human at Social Security in about 20 minutes instead of hours on hold. Saved my sanity! Their website is claimyr.com and they have a video showing how it works at https://youtu.be/Z-BRbJw3puU if you're interested. Way better than wasting your whole day on hold.

Sometimes small decreases happen with benefits calculations, but $100+ sounds significant. Did you work at all between FRA and 70? Sometimes they adjust benefits based on recent earnings. Also check if you had any overpayments they might be recovering.

I just remembered something important - did you have any voluntary tax withholding on your Social Security? Sometimes when you turn 70, their system triggers a recalculation that can accidentally reset your withholding preferences. This happened to my father-in-law and it took 3 different calls to get it straightened out because the first two representatives didn't check the withholding settings.

any update??? did u get thru to them yet??

So glad you got it resolved! I recommend checking your payment every single month for the next few months. Their systems sometimes revert changes, especially when they're related to age milestones. And make sure to save a copy of your benefit verification letter with the corrected amount in case you need to reference it later.