A partial or complete loss of retirement plan benefits which may result when an employee owes money to his or her plan or receives benefits from another source. The Social Security Act includes a provision for withholding up to 10% of benefits from beneficiaries who owe money to their plan.
Related information about benefit offset:
- Benefit Offset Definition | Investopedia
A reduction in the amount of benefit payments received by a member of a retirement plan which may result when the member owes money to the plan.
- Social Security Online - Benefit Offset National Demonstration ...
The purpose of the Benefit Offset projects is to determine the effect of various interventions, in combination with a benefit offset, on employment outcomes ...
- Social Security Online - Benefit Offset National Demonstration
The purpose of the Benefit Offset projects is to determine the effect of various interventions, in combination with a benefit offset, on employment outcomes ...
- What is a Benefit Offset?
A benefit offset is a set of circumstances that result in the complete or partial loss of retirement plan benefits. Often, this loss has to do with the fact that funds were ...
- What is benefit offset? definition and meaning
Definition of benefit offset: A partial or complete loss of retirement plan benefits which may result when an employee owes money to his or her plan or receives ...
- Benefit Offset - Financial Dictionary - The Free Dictionary
A reduction of benefits that a retiree receives when he/she has not made sufficient contributions to a retirement plan. Many retirement plans and government ...
- Benefit Offset National Demonstration (BOND)
The Demonstration to Maintain Independence and Employment (DMIE), authorized under the Ticket to Work and Work Incentives Improvement Act of 1999, ...
- calculating the benefit offset - Contingencies
calculating the benefit offset. After receiving benefits for a time, participants are sometimes re-employed by their former employer. Benefit payments in such ...