Many people have heard false information about a supposed $600 rise in Social Security benefits. The Social Security Administration (SSA) wants to clear this up. This part goes into more detail about what these fake claims mean and how they’ve hurt the SSA and the people who get benefits from it.
There was a false story that made people on Social Security confused. Some people have said they will get an extra $600 in payments or a new boost cheque this month.
These claims are false, and they have caused over 463,000 calls to the SSA in just one day. This shows how widely these false claims have affected people who want to know the truth.
Impact of SSI/SSDI Misinformation
People in the United States agree that Social Security scams are the worst type of government fake scams. The Federal Trade Commission (FTC) says that people lost more than $126.5 million to these kinds of scams just last year. These scams take advantage of the trust and neediness of people who count on Social Security benefits, showing how bad it is to spread false information.
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Clarification from the SSA
In its talks with the public, the SSA, which is run by Commissioner Martin O’Malley, has been clear. “Reports of a $600 payment hike are NOT TRUE.” “Please be smart and don’t fall for this trick,” O’Malley said. This message is part of the SSA’s larger attempt to stop the false information and reassure beneficiaries that any real changes to their benefits will come straight from the agency.
Scheduled Payment Information
In light of recent confusion, it is also important to note the schedule for Social Security payments, which are typically structured around the recipient’s birth date:
- June 3: Payments for those who have received Social Security benefits since before May 1997.
- June 12: Payments for beneficiaries whose birthdays fall between the 1st and 10th of the month.
- June 18: Adjusted for the Juneteenth federal holiday, payments for those whose birthdays fall between the 11th and 20th.
- June 26: Payments for those whose birthdays are from the 21st to the end of the month.
These plans are carefully thought out to make sure that benefits are sent out on time, which shows that the SSA is committed to being reliable and consistent.
Future COLA Announcements
Next, in October, the yearly cost-of-living adjustment (COLA) for 2025 will be made public. According to the Senior Citizens League, there could be a 2.57% raise, but the exact percentage will depend on inflation data from the third quarter of the year.
If this change is approved, it will be made to beneficiaries’ benefits beginning in January 2025. This is in line with the SSA’s usual practice of making these changes automatically without asking beneficiaries for more information.
Official Resources and Recommendations
People who get Social Security payments should go to the SSA’s official website to get correct information and the latest news about their payments. There are also tools available from the SSA to help people spot and report common Social Security scams.
As more fake information about Social Security gets out there, it’s important to remember to get your information from official sources like the SSA. Beneficiaries can avoid scams and make sure they are up-to-date on changes to their benefits by getting information from trustworthy sources.