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Social Security 2020 Trustees Report
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Today, the Social Security Board of Trustees released its annual report on the long-term financial status of the Old-Age and Survivors Insurance and Disability Insurance Trust Funds. Want to learn more? Read our press release. Did you find this Information helpful? Yes No Thanks for your feedback!
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Act Now – Go to IRS.gov – A Message from Social Security Commissioner Andrew Saul
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Social Security beneficiaries and Supplemental Security Income (SSI) recipients who don’t file tax returns will start receiving their automatic Economic Impact Payments directly from the Treasury Department soon. People receiving benefits who did not file 2018 or 2019 taxes, and have qualifying children under age 17, however, should not wait for their automatic $1,200 individual […]
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Supplemental Security Income Recipients Will Receive Automatic COVID-19 Economic Impact Payments
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The Treasury Department announced that Supplemental Security Income (SSI) recipients will receive automatic Economic Impact Payments directly from the Treasury Department. Treasury anticipates these automatic payments to go out no later than early May. Did you find this Information helpful? Yes No Thanks for your feedback!
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New Guidance about COVID-19 Economic Impact Payments
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“The Treasury Department launched a new web tool allowing quick registration for Economic Impact Payments for eligible individuals who do not normally file a tax return, and also announced that it would begin making automatic payments. However, for some people receiving benefits from the Social Security Administration—specifically those who have dependent children under the age […]
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Coronavirus-Related Medicare Scam Alert
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Since older Americans are particularly vulnerable to coronavirus (COVID-19), I wanted to remind Medicare beneficiaries to be vigilant and take precautions to avoid falling victim to healthcare fraud during this pandemic. We’re warning Medicare beneficiaries that scammers may try to use this pandemic to steal their Medicare number, banking information, or other personal data. Did […]
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Commissioner of Social Security Shares Update about COVID-19 Economic Impact Payments for Beneficiaries
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“I want to provide an update to people who receive benefits from the Social Security Administration. The Department of the Treasury (Treasury) announced on April 1 that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an economic impact payment. The […]
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Choose a Representative Payee for Social Security to Consider Before You May Need One
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The future can be uncertain. However, our Advance Designation program can help put you in control of your benefits if a time comes when you need a representative payee to help manage your money. Advance Designation enables you to identify up to three people, in priority order, whom you would like to serve as your […]
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Medicare and Coronavirus: What You Need to Know
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With the spread of coronavirus (COVID-19), being informed about your Medicare coverage is more important than ever. Medicare recently expanded its coverage of telehealth services. Telehealth enables beneficiaries to receive a wider range of healthcare services from doctors without having to travel to a healthcare facility. It also helps frontline clinicians stay safe themselves while […]
Continue reading "Medicare and Coronavirus: What You Need to Know" → Why Women Need to Plan Carefully to Make the Best Retirement Decisions
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At the Women’s Institute for a Secure Retirement (WISER), we are often asked why we focus on women. The answer is simple. There are 5.8 million more women than men at age 65. Also, 67 percent of people over age 85 are female. Many individuals age 85 and over end up living in poverty […]
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Inspector General Warns About New Social Security Benefit Suspension Scam
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Today, I am warning the public about fraudulent letters threatening suspension of Social Security benefits due to COVID-19 or coronavirus-related office closures. Social Security will not suspend or discontinue benefits because their offices are closed. Did you find this Information helpful? Yes No Thanks for your feedback!
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