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Social Security Administration

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Business & Lifestyle

Social Security benefits to receive 1.6% increase for 2020

Recipients of Social Security may notice an increase of their benefits for 2020, according to the SSA. A cost-of-living adjustment of 1.6 percent is set to be added to benefits payable to more than 63 million beneficiaries beginning in January 2020. Increased benefits to more than 8 million SSI recipients will begin on December 31. (Please note that some people receive both benefits.) The Social Security Act ties the annual increase to the increase in the Consumer Price Index, as […]

todayOctober 21, 2019 34

Social Security card

Business & Lifestyle

Social Security Administration imposters top IRS in consumer loss reports

Have you received calls about supposed problems with your Social Security number from callers pretending they’re with the Social Security Administration (SSA)? If so, you’re not alone. Our latest Data Spotlight finds that reports about SSA imposters are surging, while reports about IRS imposters have taken a dive. As the Spotlight puts it, “In the shady world of government imposters, the SSA scam may be the new IRS scam.” While reports of SSA imposters have swelled – nearly half of […]

todayMay 19, 2019 54

Business & Lifestyle

Watchdog report: Social Security Administration paid $38 million to dead veterans

WASHINGTON (UPI) -- The Social Security Administration paid out nearly $38 million to veterans that were already dead, according to an Inspector General report released last week. The Inspector General for the SSA found a systematic problem in which the SSA continues to send payments to veterans after they were listed as dead by the Veterans Administration. In other cases, the VA listed people as dead who were still alive. But the crux of the problem appears to be deaths that […]

todaySeptember 6, 2017 32

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