Trump also vowed to protect Social Security while on the campaign trail, and he has repeated that promise since returning to the White House. "I'm not going to touch Social Security, Medicare, Medicaid," Trump told Fox News in March. He also promised to rid the retirement program of fraud.

Starting in August, the Social Security Administration (SSA) will claw back overpayments, potentially reducing recipients’ checks by as much as half. Those who received a letter from the SSA regarding overpayment may need to rebudget their expenses as the agency moves to recoup excess funds.