Watch Out for Social Security Scams With a COLA Twist

Social Security payments boosted by the biggest cost-of-living adjustment (COLA) in more than 40 years start going out soon, and beneficiaries aren’t the only ones looking forward with anticipation.

Fraud fighters warn that the legion of scammers who impersonate Social Security Administration (SSA) officials in robocalls and other communications are adapting their pitches to the looming 8.7 percent increase, claiming targets have to pay a fee or provide personal or financial data to get their bigger benefits. (Read More)

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