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Supplemental Security Income
National Interest
New Social Security Benefit Change Announced: What Recipients Should Know
Around 76 million Americans have a new number to factor into next year’s household budgets. The Social Security Administration announced on Wednesday, Oct. 14, that benefits will increase by 3.6 percent for 2027 through its annual cost-of-living adjustment, known as COLA. The adjustment translates to roughly $75 more per month for the average retired worker. Average disability and survivor benefits are expected to increase by about $59 monthly. Those are averages, not uniform increases for every recipient. The dollar change depends on the person’s benefit amount. For example, a monthly be…
National Interest
Social Security Recipients Await Major Update: What Happens Next
Social Security recipients are approaching a closely watched announcement that will help shape their household budgets for the coming year. Click here for a new, updated story - Social Security Announces Benefit Change: What Recipients Should Know The Social Security Administration is expected to announce its 2027 cost-of-living adjustment, known as COLA, on Wednesday, Oct. 14. The announcement follows the release of September inflation figures, scheduled for 8:30 a.m. Eastern time, according to the Bureau of Labor Statistics calendar. The adjustment is designed to help benefits keep pa…
Egg Harbor Township, NJ
Breaking News
Phone Scammer From Atlantic City Who Preyed On Recently Widowed Seniors Pleads Out: US Attorney
A heartless public housing tenant from Atlantic City admitted that she scammed elderly victims out of more than $100,000 by claiming that they owed money on life insurance policies bought by a spouse who’d just recently died. Victoria Crosby, 46, was receiving Social Security and Medicaid benefits when she targeted the victims, all of whom were over 70 years old, U.S. Attorney Philip R. Sellinger said. Crosby called the seniors on a burner phone and, using phony names, claimed to be an employee of a retirement benefit office in some instances and a life insurance company in others, the U.S.…
Massapequa, NY
Your Community
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…
Ridgefield Park-Hasbrouck Heights, NJ
Breaking News
Prosecutor: Bergen Woman, 73, Created Bogus Identity To Scam $37,000 In Social Security Funds
A 73-year-old Bergen County woman created a false identity to fraudulently pocket $37,000 in federal benefits, authorities said Thursday. Yun J. Kim of Ridgefield Park produced a Social Security number, a U.S. passport and a non-driver ID to apply for an receive supplemental security benefits that she wasn’t entitled to, Bergen County Prosecutor Mark Musella said. Kim was charged with theft by deception and tampering with public records following an investigation by Musella’s detectives with assistance from the New York field offices of the Social Security Administration’s Office of the Ins…
Brookfield, CT
Breaking News
CT Woman Sentenced For Theft Of Social Security Benefits
A Connecticut woman has been sentenced to three months in prison for illegally receiving Social Security benefits. Omayra Santiago, 44, of Waterbury, was sentenced on Thursday, Jan. 28, to prison time followed by three years of supervised release, said John Durham, U.S. Attorney for the District of Connecticut.d According to court documents and statements made in court, for approximately 13 years, Santiago received monthly Social Security benefits from the Social Security Administration in the form of Supplemental Security Income. Santiago was the representative payee of her ch…
