Protecting Yourself from Social Security Scams
May 04, 2021
It’s no secret that scammers are always trying to find ways to access your personal information. The November Retirement Confidence Index from SimplyWise, a technology company that helps people make Social Security claiming decisions, found 53% of seniors were a target of Social Security fraud attempts in the past three months.
If you receive a text, email, or phone call from someone claiming to be from the Social Security Administration, think twice before responding. An unsolicited communication is the first clue to a potential fraud attempt. According to Gail Ennis, inspector general at the SSA, “Social Security only makes personal calls in specific circumstances, for instance, if you’ve requested a call back.”
Posing as federal agents and law enforcement is a common tactic used by scammers. They may threaten to suspend your benefits, claim your social security is linked to a crime and even promise a benefit increase in exchange for payment. The three most effective ways to defeat scammers it to:
- Ignore suspicious calls and emails
- Never give out your personal information
- Report any potential scam immediately to the SSA hotline at 1-800-269-0271