none
The Social Security Administration does not charge interest on a Supplemental Security Income overpayment.
I never borrowed against Social Security, so I'd say the answer is "Never."
johnson
The federal government is responsible for collecting and administering Social Security. State governments do not collect Social Security taxes or administer the program.
This practice began in 1937 with the creation of the Social Security system during Franklin D. Roosevelt's administration. That first year the government paid $2 million in interest on money it borrowed from the retirement trust fund
The largest category of government spending is typically social security and healthcare, driven by an aging population and rising healthcare costs. Meanwhile, the fastest growing category is often interest on the national debt, as borrowing increases and interest payments accumulate.
Social security number
Social security number
Social security number
Social security number
Social security number
Social security number