Some Americans will see their Social Security checks drop by 50% after the Social Security Administration announced in April that it would start withholding payments from recipients who were overpaid starting at the end of July. Here’s what you need to know about the new policy and how it will affect you.

The first round of July’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will be distributed in six days. Here is all you need to know about July’s Social Security payments.

Regular payments will continue on their standard schedule throughout July 2025. However, recipients who received overpayment notices beginning April 25, 2025, may see their payments reduced starting approximately July 24, 2025. The SSA provides a 90-day notice period between issuing overpayment notifications and beginning benefit withholding.