Latest News
New Identity Check Requirements
As of March 31, Social Security is tightening up on identity checks to help them deal with fraud. Millions of applicants will be required to visit the offices instead of contacting Social Security over the phone. This change will apply…
“Telehealth” restrictions may happen later this year with Medicare
“Telehealth” – meeting with your doctors over the phone or online, came into being earnestly during the pandemic. That’s because of pandemic-induced restrictions and the fear of COVID-19 – restrictions and fears which have large gone by the wayside. Nevertheless,…
More on the recently enacted “Social Security Fairness Act”
In early January, President Biden signed legislation called the “Social Security Fairness Act,” and much has been written about how that will affect Social Security beneficiaries. This Kerala Co Bank article provides considerable detail about the new legislation, including who,…
Avoid Suspension of your Social Security benefits
Despite the intimidating title of this article, it actually conveys some excellent advice – namely, you should make sure Social Security has all of your correct information to ensure your benefits flow uninterrupted. There is no question that monthly Social…
Social Security Deaths: How they are reported and Handled
With all of the media coverage surrounding the Department of Government Efficiency (DOGE) efforts to weed out fraud and waste, some recent coverage has focused on the Social Security Administration. Specifically, how deaths are reported to, and handled by the…
Thinking About Where to Retire with your $1.5 million nest egg? Here’s how long that nest egg will last in every state.
Well, with many Americans still suffering a “retirement crisis” – that is, not saving enough for their retirement – accumulating a $1.5 million nest egg before hanging up one’s work boots may seem like an unreachable goal. But, for the…
“Buyer’s Remorse” for your Medicare Advantage plan? There is still time to switch.
There is no question that the “Medicare Advantage” program has seen phenomenal growth in recent years. “Medicare Advantage” plans are alternative healthcare plans offered by private insurers to replace “original Medicare” provided by the Federal Government. The attraction is obvious…
Need to Update Your Banking Info for Social Security Payments? Better Read this.
Beginning March 29, the Social Security Administration (SSA) will no longer accept requests to change banking information over the phone. The change will require banking changes to be submitted through a “my Social Security” account or, as an alternative, visit…
Details Emerging on the Social Security Overpayment Recovery Process
Since last week’s announcement of a return to stringent Social Security benefit overpayment recovery rules, many have been left wondering about the details. For example, how quickly will I be affected if I get a notice, or what about the…
“Surprise” Deposits Appearing in Beneficiaries’ Accounts…NBC 5 Explains
Retirees in the Chicago area are contacting an NBC affiliate questioning the origin of “unexpected” deposits in the $6000 range appearing in their bank accounts. Some have indicated they do not know why they’ve received the payments, so NBC 5…