BIGGEST Social Security SHAKE UP in Years Explained!

🚑 Chapter Medicare Advisers: http://askchapter.org/schmidt (affiliate link). This video discusses the MASSIVE changes at the Social Security Administration (SSA) over the last 100 days, including the infamous 50% OVERPAYMENT CLAWBACK, office closures, staff reductions and other big changes. _____________________________________ Talk to our partner, CHAPTER, the only Medicare Advisor we recommend. CHAPTER provides friendly, unbiased help and saves clients an average of $1100 per year - always 100% free to you. Call 1- 440-703-1224 or click this link to get started: http://askchapter.org/schmidt _____________________________________ Please note: some of the companies and websites on this description page are affiliate relationships of ours which means that it you purchase their product or use their service, we receive a small fee. This does not increase your cost. _____________________________________ Social Security Advocacy Group National Committee to Preserve Social Security and Medicare: https://www.ncpssm.org/ OUR THREE MOST POPULAR YOUTUBE VIDEOS OF 2024 10 CHEAP Purchases That Make Retirement SO Much Better: https://youtu.be/Rp3eLIJVlPs 7 Things a Retiree Should NEVER Disclose: https://youtu.be/8Vekr5Nwlfg 8 Ways You Can LOSE Your Social Security Payment: https://youtu.be/W8K9DgGUznA _____________________________________ OUR THREE MOST POPULAR ARTICLES ON HOLYSCHMIDT.COM How to Find the Right Medicare Plan: https://hlyshm.it/BestPlan Give My Regrets to Spreadsheets: Why You NEED Personal Financial Planning Software in 2025: https://hlyshm.it/ha2 Financial Tools Worth Every Penny: https://hlyshm.it/ha3 _____________________________________ OTHER IMPORTANT LINKS: FREE Retirement Ready Checklist: https://hlyshm.it/ha5 Follow Me on Instagram: https://hlyshm.it/ha6 Geoff's Facebook Page: https://hlyshm.it/ha7 Federal Reserve Board Survey of Consumer Finances: https://www.federalreserve.gov/econres/scfindex.htm Social Security Administration Application for Benefits https://secure.ssa.gov/iClaim/rib Current Social Security Cost of Living Adjustment https://www.ssa.gov/cola/ Social Security Payment Estimator https://www.ssa.gov/benefits/retirement/estimator.html Legal disclaimer: Chapter Advisory, LLC (“Chapter”) is a private health insurance agency. In California, Chapter does business as Chapter Insurance Services (Lic. No. 6003691). Chapter is not affiliated with or endorsed by any government entity. While Chapter has a database of every Medicare plan option nationwide and can help you to search among all options, it has contracts with many but not all plans. As a result, Chapter does not offer every plan available in your area. Currently, Chapter represents 50 organizations which offer 18,601 products nationwide. You can contact a licensed Chapter agent to find out the number of products available in your specific area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program (SHIP) to get information on all of your options. Enrollment in a plan may be limited to certain times of the year unless you qualify for a Special Enrollment Period or you are in your Medicare Initial Enrollment Period. Average potential savings are based on realized premium, co-pay, and out of pocket savings estimates self-reported by consumers that worked with Chapter Advisory LLC to enroll in a Medicare Supplement, Medicare Advantage, and/or Part D Prescription Drug Plan. The average is limited to consumers that chose to self-report. Savings information is subject to periodic updates and corrections. There is no guarantee of savings and any savings may vary by policy type, state, or other factors. Channel Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.