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Keyword: ssa

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  • Social Security payments for 69 million Americans could rise 6.1% due to soaring inflation in the biggest cost-of-living hike since 1983

    07/15/2021 8:16:40 AM PDT · by DFG · 59 replies
    UK Daily Mail ^ | 07/15/2021 | Keith Griffith
    Social Security payments could rise 6.1 percent next year due to soaring inflation, which would be the largest increase since 1983, according to a new estimate. The Senior Citizens League, a non-partisan advocacy group, released the new estimate on Wednesday, responding to the latest inflation data showing prices are up 5.4 percent in the 12 months through June. For the 69 million people currently receiving benefits, however, the next cost-of-living increase will not come until January's payment, leaving many struggling on a fixed income as the price of goods surges. The most recent bump in benefits, calculated based on last...
  • Biden Administration Fires Social Security Commissioner Andrew Saul, Who Says He Won’t Leave

    07/09/2021 8:14:51 PM PDT · by SeekAndFind · 23 replies
    Epoch Times ^ | 07/09/2021 | Jack Phillips
    President Joe Biden on Friday fired Social Security Commissioner Andrew Saul, according to the former commissioner, who said he won’t leave his post and will log into work on Monday morning because his term isn’t over. Saul was one of the few remaining holdover officials who were appointed by former President Donald Trump. The White House confirmed to Fox News and other news outlets that it terminated Saul’s employment after he refused a request to resign. In an interview with the Washington Post, Saul said he received an email from the White House Personnel Office on Friday morning about the...
  • Biden Stimulus Delayed for Many Americans on Social Security

    03/30/2021 9:38:21 PM PDT · by bitt · 48 replies
    Breitbart ^ | 3/30/2021 | Nate church
    Americans struggling to survive on federal benefits have waited weeks for word on their share of the $1.9 trillion stimulus. Some of the country’s most vulnerable citizens have been waiting weeks for the next round of promised financial aid from President Joe Biden’s $1.9 trillion “American Rescue Plan” coronavirus relief package, with no indication of when it would come. Chief among those are the millions of elderly Americans who depend on federal assistance to survive. As of March 24, nearly 30 million had yet to receive their portion, largely because the Social Security Administration had “not sent the necessary payment...
  • White House drops payroll tax cut after GOP allies object

    07/27/2020 5:31:48 PM PDT · by where's_the_Outrage? · 22 replies
    AP ^ | July 23, 2020 | ANDREW TAYLOR and LISA MASCARO
    WASHINGTON (AP) — President Donald Trump on Thursday reluctantly dropped his bid to cut Social Security payroll taxes as Republicans stumbled anew in efforts to unite around a $1 trillion COVID-19 rescue package to begin negotiations with Democrats who are seeking far more. Frustrating new delays came as the administration scrambled to avert the cutoff next week of a $600-per-week bonus unemployment benefit that has helped prop up the economy while staving off financial disaster for millions of people thrown out of work since the coronavirus pandemic began. Trump yielded to opposition to the payroll tax cut among his top...
  • How Uncle Sam knows when we die

    07/21/2020 10:24:23 AM PDT · by spintreebob · 16 replies
    American Action Forum ^ | 7-21-2020 | Gordon Gray
    Executive Summary The Social Security Administration serves as the primary steward of death records at the federal level. Despite federal agencies’ need for accurate death information, accurate death data are not universally available to federal agencies, including those with payment functions. Improvements to federal payment integrity could include legislative changes that would ensure accurate death information is more widely available to federal agencies. Introduction Perhaps the most conspicuous element of the federal response to the COVID-19 pandemic and resulting economic fallout has been economic impact payments (EIPs) or “stimulus checks,” sent to nearly 160 million Americans, and totaling $267 billion....
  • Social Security's catch-22 is bad news for retirees

    03/09/2020 9:49:19 AM PDT · by where's_the_Outrage? · 105 replies
    The Motley Fool ^ | March 7, 2020 | Sean Williams
    As you may have heard, our nation's most successful social program is in a bit of a bind. Every year since 1982, the Social Security program has generated a net cash surplus. By bringing in more revenue than is paid out in benefits each year, the program has been able to build up a $2.9 trillion reserve. However, according to the 2019 report from the Social Security Board of Trustees, the program is about to hit an unwanted inflection point. You see, more than a half-dozen ongoing demographic changes are expected to result in Social Security expending more than it...
  • Horowitz report spotlights little-known FBI agent's role in Russia probe, Flynn case

    12/13/2019 5:01:52 PM PST · by bitt · 12 replies
    fox news ^ | 12/13/2019 | Gregg Re
    Inspector General Michael Horowitz's long-awaited report this week on FBI and Justice Department surveillance abuses does not provide the name of an unidentified FBI supervisory special agent (SSA) who made a series of apparent oversights in the bureau's so-called "Crossfire Hurricane" probe into the Trump campaign. However, a review of Horowitz's findings leaves little doubt that the unnamed SSA is Joe Pientka -- someone who could soon play a prominent role in the ongoing prosecution of Michael Flynn, as the former Trump national security adviser fights to overturn his guilty plea on a single charge of making false statements. Specifically,...
  • OIG Report: Social Security Administration Paid $11.6 Million to Dead Puerto Ricans

    10/30/2019 3:05:44 PM PDT · by SilvieWaldorfMD · 29 replies
    Breitbart ^ | 10/29/19 | Penny Starr
    An Inspector General report for the Social Security Administration flew under the radar when it was issued in August, and the administration refused to answer Breitbart News’s inquiry about the findings that reveal $11.6 million in payments were paid to dead people in Puerto Rico. The findings of the report stated: SSA issued approximately $11.6 million in payments after death to 149 beneficiaries and 4 representative payees who died in Puerto Rico from January 1992 through December 2016. Identifying and correcting these discrepancies will prevent approximately $1.4 million in additional improper payments after death over the next 12 months. We...
  • Here's When Trump Could Cut Social Security Benefits

    07/12/2019 8:00:05 AM PDT · by where's_the_Outrage? · 55 replies
    motley fool ^ | July 12, 2019 | Sean Williams
    Social Security is our nation's most successful social program -- but it's also in some pretty big trouble. According to the April-released Social Security Board of Trustees report, the program won't bring in enough revenue over the long term (the next 75 years) to cover outlays to beneficiaries, inclusive of cost-of-living adjustments. The silver lining for seniors who are dependent on Social Security as a major source of income is that the program is in no danger of disappearing or going bankrupt. Recurring sources of revenue, such as the payroll tax and the taxation of benefits, ensure that there will...
  • Should You Take Social Security at 62, 66, or 70?

    08/02/2018 9:22:46 AM PDT · by Red Badger · 164 replies
    The Motley Fool ^ | updated on January 11, 2018, and originally published on March 25, 2017 | Todd Campbell (TMFEBCapital)
    Social Security benefits can be claimed at any point after a recipient turns age 62, and most Americans take their Social Security as soon as they can. Claiming benefits early can be smart, but it can pay off to wait. If you're deciding when to start receiving Social Security, here's what to consider. Estimate your expenses Retirement usually means a big drop in income, and if you don't have a solid grasp on what your spending is going to look like in retirement, then you won't be able to make the best decision on when to claim. Depending on who...
  • End of the Social Security Number? A White House Official Thinks So

    10/04/2017 8:08:22 AM PDT · by Red Badger · 97 replies
    www.wsj.com ^ | Updated Oct. 3, 2017 7:20 p.m. ET | By Yuka Hayashi
    One possibility is using cryptographic keys, or a combination of long random numbers WASHINGTON—The administration of President Donald Trump is exploring ways to replace the Social Security number with a safer system based on modern technology in the wake of the Equifax Inc. EFX -0.58% hack, the White House cybersecurity czar said Tuesday. Rob Joyce, the White House’s cybersecurity coordinator, said one possibility is using cryptographic keys, or a combination of long random numbers, to unlock personal data. The merit of such numbers is that they could be revoked once they are found to be compromised, he said. “I feel...
  • Social Security paid a billion dollars to people with no SS numbers

    02/23/2017 8:15:02 PM PST · by NYer · 17 replies
    American Thinker ^ | February 23, 2017 | Rick Moran
    Here's a tale of government waste involving all the usual suspects: incompetence, indifference, and laziness. The inspector general for the Social Security Administration discovered that a billion dollars in benefits was paid to people who had no Social Security numbers.  The benefits were paid to "representative payees" – people who were accepting benefit checks on behalf of another because the beneficiary was unable to manage his Social Security payments by himself. Seventeen percent of these representative payees were illegal aliens, according to the audit. Washington Times: Over the last decade, the agency paid $1 billion to 22,426 representative payees who "did...
  • Feds paid $1 billion in Social Security benefits to individuals without SSN.

    02/22/2017 3:31:53 AM PST · by gattaca · 47 replies
    Washington Beacon ^ | 02/22/2017 | Elizabeth Harrington
    The Social Security Administration paid $1 billion in benefits to individuals who did not have a Social Security Number (SSN), according to a new audit. The agency’s inspector general found errors in the government’s documentation for representative payees, otherwise known as individuals who receive retirement or disability payments on behalf of another person who is incapable of managing the benefits themselves. The audit released Friday found thousands of cases where there was no SSN on file. Over the last decade, the agency paid $1 billion to 22,426 representative payees who "did not have an SSN, and SSA had not followed...
  • Man would rather get fired than watch diversity video

    09/09/2016 1:08:02 PM PDT · by Sub-Driver · 103 replies
    Man would rather get fired than watch diversity video Thu, 09/08/2016 - 7:00am | Tracy Crane CHAMPAIGN — A Social Security Administration employee who believes he shouldn't have to watch a workplace diversity video about the lesbian, gay, bisexual and transgender community, because it violates his religious beliefs, fears he may lose his job because of it. David Hall, 42, of Tolono has worked for the federal agency for 14 years, based in the Champaign office as an area systems coordinator, an information technology position. In late April, Hall said, employees nationwide received an email from the agency about a...
  • IRS doesn’t tell 1 million taxpayers that illegal immigrants stole their Social Security numbers

    08/30/2016 4:42:58 PM PDT · by jazusamo · 28 replies
    The Washington Times ^ | August 30, 2016 | Stephen Dinan
    The IRS has discovered more than 1 million Americans whose Social Security numbers were stolen by illegal immigrants, but officials never bothered to tell the taxpayers themselves, the agency’s inspector general said in a withering new report released Tuesday. Investigators first alerted the IRS to the problem five years ago, but it’s still not fixed, the inspector general said, and a pilot program meant to test a solution was canceled, and fell woefully short anyway. As a result most taxpayers don’t learn that their identities have been stolen and their Social Security files may be screwed up. “Taxpayers identified as...
  • Social Security rolls back two-factor mandate

    08/17/2016 5:07:47 AM PDT · by ken in texas · 21 replies
    FCW ^ | Aug 15, 2016 | Adam Mazmanian
    The Social Security Administration is relaxing a recent security directive requiring beneficiaries to use two-factor authentication to log into personal accounts after complaints that the new restrictions hindered user access. ...SSA has not come up with a new two-factor verification method. The agency is strongly recommending that users take advantage of the text-message security option, but beneficiaries are able once again to use a simple username and password to access their accounts....
  • Social Security Administration Now Requires Two-Factor Authentication

    08/04/2016 8:11:41 AM PDT · by snarkpup · 53 replies
    Krebs on Security ^ | 8/16/2016 | Brian Krebs
    The U.S. Social Security Administration announced last week that it will now require a cell phone number from all Americans who wish to manage their retirement benefits at ssa.gov. Unfortunately, the new security measure does little to prevent identity thieves from fraudulently creating online accounts to siphon benefits from Americans who haven’t yet created accounts for themselves. ... “People will not be able to access their personal my Social Security account if they do not have a cell phone or do not wish to provide the cell phone number,” the agency said. ... Also, as one reader already pointed out...
  • The FDA is stockpiling military weapons — and it’s not alone

    07/02/2016 2:10:05 PM PDT · by DogByte6RER · 63 replies
    The Boston Globe ^ | June 26, 2016 | Jeff Jacoby
    The FDA is stockpiling military weapons — and it’s not alone AMERICA’S GUN CULTURE has been a subject of intense interest and controversy for years, with concerns frequently raised about shadowy militias, paramilitary extremists, and unstable zealots in possession of alarming quantities of explosives and firearms. Amid the current din over assault weapons and body armor, consider one domestic organization’s fearsome arsenal of military-style equipment. In the space of eight years, the group amassed a stockpile of pistols, shotguns, and semiautomatic rifles, along with ample supplies of ammunition, liquid explosives, gun scopes, and suppressors. In its cache as well are...
  • Obama Admin Works to Keep Guns From Many on Social Security Disability

    05/09/2016 8:08:09 AM PDT · by MarvinStinson · 25 replies
    freebeacon ^ | Stephen Gutowski
    The Social Security Administration has announced the details of a new rule that would bar many receiving federal disability payments from owning firearms. The proposed rule is part of President Obama’s push to tighten gun laws while bypassing Congress. News of the plan to add some Social Security recipients to the National Instant Criminal Background Check System, or NICS, was first uncovered by the Los Angeles Times last summer and has faced fierce opposition from gun rights groups ever since. President Obama announced in January that he was officially ordering the Social Security Administration to start the process for implementing...
  • Obama Administration Moves Forward With Stripping Gun Rights Through Social Security

    05/03/2016 5:32:04 AM PDT · by rktman · 28 replies
    townhall.com ^ | 5/2/2016 | Katie Pavlich
    Late last week President Obama announced a new push for additional federal "smart" gun technology funding. After grabbing headlines and much attention, the move received praise from gun control groups like Michael Bloomberg's Everytown and criticism from law enforcement, the NRA and the National Shooting Sports Foundation. But an issue flying under the radar in Obama's announcement is the Administration's decision to move forward with gun control measures through the Social Security system. Late last year it became clear if an individuals needs financial help managing Social Security benefits, the agency can deem that person mentally unfit to purchase a...