The most important takeaway from the Social Security Administration’s rule change is that any purchases of food for Supplemental Security Income recipients from Special Needs Trusts and families will not decrease the SSI payment. The new rule was approved on March 27 and effective September 30, 2024. This new ruling makes Special Needs Trusts (SNTs) […]
Continue reading…National Slam the Scam Day is March 9, 2023
On National Slam the Scam Day and throughout the year, we give you the tools to recognize Social Security-related scams and stop scammers from stealing your money and personal information. Share scam information with your loved ones. Slam the Scam! Recognize the four basic signs of a scam: Scammers pretend to be from a familiar […]
Continue reading…
Biggest Social Security COLA in 40 Years: 8.7% Boost
The Social Security Administration has just announced the 2023 COLA – Cost of Living Adjustment – will be the highest since 1981. The 8.7% increase tops the previously highest increase of 5.9% in 2022. That was the highest in forty years also. The monthly benefit increase for the average Social Security retiree will be $146 […]
Continue reading…Phone Scams Targeting Seniors: The IRS, Social Security and Microsoft
How often has your caller ID shown you incorrect information in the last week? If you’re like most of us, your mobile phone or landline’s caller ID has shown what looks like a local phone number, even a regular person’s name –but when you answer the phone, it’s a pre-recorded message warning you not to […]
Continue reading…