All content intended solely for purposes of general information.
This weblog is intended solely for purposes of general information. Nothing in the blog is intended to provide legal advice or any other professional counsel.
Upon retiring last week on June 7, 2017, after 41 years of advanced professional practice and leadership in the pension industry, I wish I could leave that disclaimer behind. For the most part, I plan to simply point to news, data and other information that might be useful to retiree living. But sometimes even pointing can be mistaken as giving advice, even when done without any fee. And from time to time, doubtless I will add my own knowledge and opinion that will extend beyond the information itself. So I might never rid myself of the disclaimer that I’ve had to say for every one of hundreds of speeches and dozens of articles and the professional book I got published: this must not be taken as professional advice, rather must at most indicate when and where and why to get such advice.
Be wary of a phone call from someone pretending to be from the Social Security Administration. More likely than not, they are trying to steal your Social Security payments!
The real Social Security Administration gives the following warning, based on reports of the scam:
The reports indicate that the impersonator calls from a telephone number with a 323 area code. The caller claims to be an SSA employee, and in some instances, tells the victim that they are due a 1.7 percent cost-of-living adjustment (COLA) increase of their Social Security benefits. The impersonator goes on to ask the victim to verify all of their personal information including their name, date of birth, Social Security number (SSN), parents’ names, etc. to receive the increase. If the impersonator is successful in acquiring this information, they use it to contact SSA and request changes to the victim’s direct deposit, address, and telephone information.
Do not give out any personal information to an unknown caller claiming to be from the Social Security Administration. If you have any questions about your Social Security benefits, contact Social Security directly at the local office or via Social Security’s toll-free customer service number at 1-800-772-1213.