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Home Market Research Markets

Social Security Checks Face June Cuts As Student Loan Garnishments Resume

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 1 min read
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Social Security Checks Face June Cuts As Student Loan Garnishments Resume
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Susan B Sheldon / Shutterstock.com

The payment freeze is over and garnishments are resuming after nearly 5 years. Starting in June 2025, some Social Security recipients may see their monthly benefits shrink by as much as 15%. The culprit? The resumption of federal student loan garnishments after nearly five years of pandemic-era protections. The Trump administration’s April 21 announcement marked the end of collection freezes on…



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