Understanding and Avoiding Scams — So They Don’t Happen to You!
In 2018, the Federal Trade Commission (FTC) reported more than 1.4 million cases of fraud, and a large number of these scams involved preying on Medicare or Social Security beneficiaries. According to the FTC, the various scams taking place in 2018 resulted in losses of $1.48 billion from victims. In order to protect your identity and money, it’s important to understand the types of scam...
Watch out for Recent Social Security Scams
The Social Security Administration (SSA) has recently received several reports of suspicious phone calls claiming to be from SSA. You may get a call from an automated recording that states your Social Security number (SSN) has been suspended for suspicion of illegal activity, and you should contact a provided phone number immediately to resolve the issue. The recording will also say if y...
Four Social Security Changes You’ll Notice in 2019
Social Security benefits are changing in 2019. Here’s a brief overview of what this means for you: You’ll get more money – As part of the annual cost-of-living adjustment made by the Social Security Administration, beneficiaries will be seeing a 2.8 percent increase (about $39) in their benefit each month in 2019. Your income tax cap is rising – Most working people who pay into Social Se...
Protect Your Retirement Benefits with a my Social Security Account
Unfortunately, identity theft is common. According to a 2018 online survey by The Harris Poll, nearly 60 million Americans have been affected. So, how can you protect yourself? One easy way is by creating a my Social Security account through the Social Security Administration (SSA). Why is it important to create a my Social Security account? Well, if you don’t have an account, an identit...