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 supply additional security and protection and to simplify the login process.
If you have already got an account with one in every of these services, you do not want to create a brand new account. Otherwise, you will have to create an account with one in every of these services within the near future to access your My Social Security account. It is best to create an account with these services sooner relatively than later.
The other warning concerns fraudulent reports you will have seen online or in emails.
According to reports, Social Security recipients will probably be entitled to an extra $600 cost-of-living adjustment (COLA) in 2024 to complement the COLA implemented earlier this 12 months. 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 can be attempting to attract loads of publicity as a way to maximize their placement in online serps. This helps these “content farms” charge more for the ads on their web sites.
The next real Social Security COLA will probably be announced in October and can take effect on January 1, 2025.