The Social Security Administration recently issued two warnings concerning the program.
Many individuals who access details about their Social Security advantages through a My Social Security account on the Social Security website (which I like to recommend) must access their accounts through other means.
The SSA says anyone who created an account before September 18, 2021, will soon have either login.gov or I’m.
These are two credential service providers utilized by many other government online services to offer additional security and protection and to simplify the login process.
If you have already got an account with one in all these services, you don’t want to create a brand new account. Otherwise, you will want to create an account with one in all these services within the near future to access your My Social Security account. It is healthier to create an account with these services sooner relatively than later.
The other warning concerns fraudulent reports you might have seen online or in emails.
According to reports, Social Security recipients shall be entitled to a further $600 cost-of-living adjustment (COLA) in 2024 to complement the COLA implemented earlier this yr. Some reports say recipients will receive a $600 stimulus check.
The reports are simply false. They appear to have been created by web sites which are attempting to attract quite a lot of publicity so as to maximize their placement in online engines like google. This helps these “content farms” charge more for the ads on their web sites.
The next real Social Security COLA shall be announced in October and can take effect on January 1, 2025.