REGULATION
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Social Security Fixes Made Easier: The federal government agreed to make it easier for workers and retirees to correct their Social Security earnings records. The agreement followed disclosure that some wages of nearly 10 million workers may not have been credited to their Social Security accounts because of errors by employers or the government. Such uncorrected errors would result in a loss of a portion of retirement benefits; in some cases, workers could be denied benefits altogether. The settlement requires new efforts by IRS and Social Security to resolve conflicts between their records and makes it easier for workers and retirees to challenge an erroneous record.
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