Criminals may be coming for your Social Security benefits – here’s how to avoid becoming a victim | Personal Finance – Community News
Social Security

Criminals may be coming for your Social Security benefits – here’s how to avoid becoming a victim | Personal Finance

In some cases, the SSA may call you back in response to a question you have asked. But in that situation, that first contact will come from you.

What happens if you fall victim to a scam?

If a criminal can get their hands on your Social Security number and bank account information, that person can easily steal your benefits before you have a chance to use them. A criminal can also use your Social Security number to open a credit card account or line of credit in your name and file charges against it. And if you agree to pay a fake fine or penalty to stop your payments, you could lose the money you transfer in such a transaction.

That’s why it’s important to be vigilant about Social Security scams. Knowing what to look for can save you a world of stress and financial setbacks.

The $16,728 Social Security Bonus Most Retirees Completely Overlook

If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” can give your retirement income a boost. For example, one simple trick can save you as much as $16,728 moreā€¦ per year! Once you know how to maximize your Social Security benefits, we think you can retire with confidence with the peace of mind we all strive for. Click here to learn how to learn more about these strategies.