Social Security scams are on the rise. In fact, according to the Federal Trade Commission, these financial swindles preying on retirees have “grown exponentially.”
Social Security scams arrive in several forms. The typical means are through phone calls, email, text, social media, and through postal mail. But how do you avoid them?
A recent article at Investopedia outlines four common scams and how to recognize them. The most important advice is to remain vigilant. Never provide your Social Security Number or digital passwords over the telephone. Likewise, don’t supply such personal information online or even through the postal service. If you are suspicious of a Social Security scam, disconnect immediately and contact law authorities.
National Organization of Retired Americans (NORA) believes in helping seniors live their best retirement in financial security. For that reason, we provide news and updates regularly for retirees.
Most importantly, we advocate for a permanent, 3% Social Security COLA for retirees. We campaign to make that adjustment retroactive to 2010 to compensate seniors for low and missing COLAs.
Learn more about NORA‘s fight for fair compensation for seniors!
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