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Saturday, oct 5
Tag:
Social Security Administration
Lifestyle
Here's When Social Security Recipients Will See Largest Bump In Benefits In 40 Years
Social Security beneficiaries are about to see their largest increase in benefits in four decades. Starting in 2023, recipients of Social Security benefits and Supplemental Security Income (SSI) payments will see their benefits go up by 8.7 percent, according to the Social Security Administration. Approximately 70 million Americans will benefit from the bump, the agency said, with an average increase of more than $140 per month expected. The increase will follow the agency’s annual cost-of-living adjustment (COLA), which is required by federal law and based on the Department of Labor’s C…
Police & Fire
Don't Fall For It: Police Issue Alert For Social Security Scam
Alarm bells are sounding for law enforcement agencies as a new Social Security scam continues making the rounds as opportunistic fraudsters look to exploit the elderly. An alert was issued by police agencies in New York after they received multiple reports of scammers impersonating Social Security Administration (SSA) employees over the phone requesting personal information or money. Police said that some of the imposters have made threats or demanded immediate payment to help their victims avoid arrest or potential legal action. Officials noted that SSA employees will never threaten anyon…