Thursday, February 29, 2024

Social Security News

How to Spot a Scam

One of scammers’ favorite tricks during the holidays is to impersonate government workers, especially workers from the Social Security Administration, to scare us into sending money or sharing personal information. Let’s outsmart the scammers. Watch the Social Security Administration’s three-minute “How to Spot a Scam” video to learn about red flags to look out for.

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Social Security Benefits Increase in 2024

From the Social Security Administration: More than 71 million Americans will see a 3.2% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2024. On average, Social Security retirement benefits will increase by more than $50 per month starting in January. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s …

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Cost-of-Living Adjustment (COLA) Information for 2023

From the Social Security Administration: Cost-of-Living Adjustment (COLA) Information for 2023 Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7 percent in 2023. The 8.7 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 65 million Social Security beneficiaries in January 2023. Increased payments to more than 7 million SSI …

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Federal Law Enforcement Agencies Warn of Impersonation Scam Involving Credentials and Badges

From the Social Security Administration: Federal Law Enforcement Agencies Warn of Impersonation Scam Involving Credentials and Badges May 20, 2022 Download a PDF of this Scam Alert New reports show that scammers are reviving an old tactic to gain trust. Scammers are emailing and texting pictures of real and doctored law enforcement credentials and badges to prove they are legitimate …

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