Latest news with #MySocialSecurity
Yahoo
09-05-2025
- Business
- Yahoo
Social Security Gets A Modern Makeover: Here's What It Means for Your SSN
The Social Security Administration (SSA) has announced plans to introduce a digital version of the Social Security card this summer, enabling Americans to access their Social Security numbers securely online. What Happened: The new feature can be availed through the My Social Security website. It will allow users to retrieve and display their Social Security numbers digitally, even for purposes beyond typical SSA matters. Don't Miss: Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — Don't repeat history—invest in RYSE at just $1.90/share. Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. The move hopes to present an alternative to paper cards, especially when cards are misplaced or stolen. "We believe that this modern approach will meet the needs of our constituents in a more efficient manner," said acting commissioner Lee Dudek. Why It Matters: Experts are hailing the move but also highlighting security concerns. Richard Fiesta of the Alliance for Retired Americans told CNBC: "Generally, anything that is a new avenue for accessing your account or in an interaction with Social Security is a good thing, so long as it's easy and secure." The new development came just as 580,000 people filed initial claims in March, up by nearly 80,000 compared to the same month in 2024, according to figures shared at a recent Social Security Administration meeting. Last month, the SSA scaled back its clawback efforts, lowering the repayment rate to 50% of a beneficiary's monthly check. This was down from the full 100% it began seizing in March. Read Next: Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Photo courtesy: Shutterstock Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Social Security Gets A Modern Makeover: Here's What It Means for Your SSN originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
Social Security Gets A Modern Makeover: Here's What It Means for Your SSN
The Social Security Administration (SSA) has announced plans to introduce a digital version of the Social Security card this summer, enabling Americans to access their Social Security numbers securely online. What Happened: The new feature can be availed through the My Social Security website. It will allow users to retrieve and display their Social Security numbers digitally, even for purposes beyond typical SSA matters. Don't Miss: Shark Tank's Kevin O'Leary called Missing Ring his biggest mistake — Don't repeat history—invest in RYSE at just $1.90/share. Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. The move hopes to present an alternative to paper cards, especially when cards are misplaced or stolen. "We believe that this modern approach will meet the needs of our constituents in a more efficient manner," said acting commissioner Lee Dudek. Why It Matters: Experts are hailing the move but also highlighting security concerns. Richard Fiesta of the Alliance for Retired Americans told CNBC: "Generally, anything that is a new avenue for accessing your account or in an interaction with Social Security is a good thing, so long as it's easy and secure." The new development came just as 580,000 people filed initial claims in March, up by nearly 80,000 compared to the same month in 2024, according to figures shared at a recent Social Security Administration meeting. Last month, the SSA scaled back its clawback efforts, lowering the repayment rate to 50% of a beneficiary's monthly check. This was down from the full 100% it began seizing in March. Read Next: Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Photo courtesy: Shutterstock Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Social Security Gets A Modern Makeover: Here's What It Means for Your SSN originally appeared on
CNBC
05-05-2025
- Business
- CNBC
Your Social Security card will soon be available digitally. What to know
For many Americans, a Social Security number is the first form of identification they receive, mailed as a paper card a few weeks after birth. Now, the Social Security Administration is looking to give that form of ID an update by enabling secure digital access to Social Security numbers that will provide an alternative to the traditional Social Security card. Experts are cautiously optimistic about the idea, but have some security concerns. The new digital feature will allow individuals who have either forgotten their Social Security number or who have lost their Social Security cards to access their personal number online through the agency's My Social Security website. They will also be able to access their Social Security numbers through digital devices and display them as identification for "reasons other than handling Social Security matters," according to the agency. More from Personal Finance:Social Security reduces benefit clawback rateTrump administration restarts student loan collectionsWhat experts say about claiming Social Security benefits early With the new effort, the Social Security Administration aims to reduce the inconveniences caused by lost or stolen cards, which currently requires individuals to apply for replacements either online or in person. "We believe that this modern approach will meet the needs of our constituents in a more efficient manner," Social Security Administration acting commissioner Lee Dudek said in a statement. The agency declined to provide more details the rollout, which is scheduled to become available early this summer. Experts are cautiously optimistic about the change. "Generally, anything that is a new avenue for accessing your account or in an interaction with Social Security is a good thing, so long as it's easy and secure," said Richard Fiesta, executive director at the Alliance for Retired Americans. However, the risk is that some individuals, particularly those who are older or disabled, may be left without access if they are not as tech savvy and have difficulty using the internet or mobile phones, he said. My Social Security is "not the most customer friendly website," Fiesta said, despite efforts to improve it over the years. The move toward digital Social Security identification is "certainly a step in the right direction," said Eva Velasquez, CEO of the Identity Theft Resource Center. If implemented properly, the digital Social Security numbers may provide more security than paper cards, she said. "But it really doesn't solve the problem of identity misuse," Velasquez said. Every adult's Social Security number has likely already been breached, according to Velasquez. The size of the 2024 National Public Data breach prompted some experts to speculate every American could have been affected. The 2017 Equifax breach was estimated to have affected roughly half the U.S. population. The new process will raise questions as to how to protect both the Social Security numbers and the devices on which they are accessed, she said. Ultimately, the U.S. in the future will likely move toward a federated identity system, where a user's identity can be verified with biometric data like fingerprints and facial recognition that is linked across multiple systems, said Cliff Steinhauer, director of information security and engagement at The National Cybersecurity Alliance. "There's going to be a future where there's a clean internet, where everyone that uses it has authenticated with this federated, proven identity so that nobody can pretend to be anybody else," Steinhauer said. The Social Security Administration's move is a first step toward digital identification, though it does not appear to include biometric authentication, he said. Because there will be risk for fraud, it will be important for the Social Security Administration to make sure its systems are properly protected, Steinhauer said. There should also be phishing-resistant authentication installed to ensure that only authorized individuals access the accounts, he said. It will be important for individuals to verify that any messages that allegedly come from the Social Security Administration do, in fact, take them to a verified Social Security website. Any messages the agency sends out, such as a reminder to log in and check an account, could be copied for phishing purposes, Steinhauer said.
Time of India
01-05-2025
- Business
- Time of India
Digital Social Security Cards launching soon by SSA: Know what it means for Americans and how to get it online
Digital Social Security Cards launching soon by SSA In a landmark modernization effort, the US Social Security Administration (SSA) is preparing to roll out a secure, digital method for Americans to access their Social Security numbers (SSNs) online. Starting in early summer 2025, individuals with a My Social Security account will be able to view their SSNs directly through the SSA portal. This initiative is aimed at reducing reliance on traditional paper-based cards, cutting wait times for replacements, and enhancing user convenience and security. The move reflects SSA's broader goal of adapting to digital trends while safeguarding sensitive personal information in an increasingly cyber-connected world. As identity theft and administrative backlogs continue to pose challenges, this digital SSN access marks a critical shift in how Americans interact with their most essential federal identification number. Digital Social Security Numbers coming in summer 2025 From physical cards to digital access Historically, Americans have had to rely on physical Social Security cards for documentation of their SSN. If a card was lost or stolen, individuals were required to request a replacement either by mail or in person—a process that could take days or even weeks. With this new enhancement, users of the My Social Security platform will be able to view their SSN online via smartphone or computer at any time. Timeline for implementation The SSA has confirmed that the digital SSN service will become available in early summer 2025. No specific date has been announced, but the rollout is expected to be nationwide and accessible to all users with verified My Social Security accounts. How the Digital SSN feature works: A step-by-step process for access Create or log into a My Social Security account : Users must have a verified SSA account. Verification involves multi-step identity checks to ensure secure access. Navigate to the digital SSN section : Once logged in, users will be able to find a new section that allows them to securely view their Social Security number. Secure viewing only : The digital SSN will not be downloadable or printable to prevent unauthorized usage. It is intended solely for secure on-screen verification. Mobile and desktop compatibility : The SSA confirms that users can access this feature from both smartphones and desktop browsers using secure encryption protocols. How digital SSNs improve access and protect your identity Improved convenience No need for physical cards : Users won't have to carry or safeguard a paper SSN card. Faster access : Individuals who lose or forget their number won't need to wait for a mailed replacement. Support during urgent situations : Whether applying for a job, financial aid, or government benefits, having quick access to your SSN can be critical. Enhanced security Reduction in physical theft or loss : Paper cards can be lost or stolen, potentially leading to identity theft. Encrypted access : Digital access will be encrypted and protected by multi-factor authentication (MFA), reducing the risk of unauthorized access. Less fraud exposure : Eliminating mailed cards reduces the chance of interception by bad actors. What about the traditional SSN cards Optional physical cards will still be available Despite this digital advancement, the SSA emphasizes that physical SSN cards will continue to be available for those who prefer or require them. Individuals who are less familiar with technology or need a paper version for specific institutions can still request and receive a card through traditional channels. Target audience for digital access The digital SSN feature is especially helpful for: Younger demographics more comfortable with mobile platforms. Frequent movers, who risk losing documents in transit. Job-seekers, who often need to reference their SSN quickly during employment onboarding processes. SSA's vision for digital modernisation A statement from SSA leadership Lee Dudek, SSA Acting Commissioner, stated: 'This enhancement reflects our commitment to providing better service to the public while ensuring that their personal information remains secure.' The initiative is part of a broader trend of federal agencies moving services online in an effort to reduce paperwork, cut administrative costs, and provide faster access to essential services. A step toward full digital identity integration While this change only allows users to view their SSN, experts note that it may pave the way for broader digital identity services in the future. Such services could include digital versions of other federal IDs or benefits information, enabling more seamless interactions with government systems. Digital security measures Protecting your SSN online To ensure the integrity of this new service, the SSA has incorporated a range of cybersecurity protections: Two-factor authentication for login. Advanced encryption of sensitive data. Session timeouts to prevent unauthorized lingering access. Audit logs and monitoring to track potential breaches. Recommendations for users The SSA advises users to: Regularly update their passwords. Avoid accessing their SSN over public Wi-Fi. Log out after each session. Enable device-level security features such as fingerprint or facial recognition. FAQs: Understanding digital SSN access What is a digital Social Security number? A digital SSN is an online view-only version of your Social Security number available via a secure SSA portal. It does not replace your number—it simply allows digital access without needing a physical card. Who can access this service? Any individual with a verified My Social Security account will be eligible once the service goes live in summer 2025. Can I print or download my SSN? No. For security purposes, the SSA will not allow users to download or print their SSN from the portal. Is this service mandatory? No. The SSA confirms that this is an optional service. Individuals may still request and use a traditional SSN card if they prefer. Will this cost anything? There is no fee to view your SSN digitally. The service is part of the standard My Social Security platform, which is free for all users. Also read | Elon Musk receives Donald Trump's support amid claims of White House exit AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
01-05-2025
- Business
- Time of India
Digital social security cards are finally coming; here's when you'll be able to access yours online and what it means for you
Social Security Administration will launch digital access to Social Security numbers. This will start early summer 2025. People can securely view their SSN online through the 'My Social Security' account. This service helps those who lost their card. Lee Dudek says this improves public service and ensures data security. Traditional methods will still be available for those who need them. Tired of too many ads? Remove Ads No More Waiting for a Card in the Mail Access Your SSN From Your Smartphone Tired of too many ads? Remove Ads FAQs As a key move toward modernization, the Social Security Administration (SSA) is implementing digital access to Social Security numbers (SSNs) this summer, which would avoid the necessity of the old-fashioned physical card, as per a new offering seeks to provide a more secure, convenient option for people who need easy access to their SSN, according to in early summer 2025 , people with a "My Social Security" account will be able to securely look at their SSN online using the SSA's portal, as per the Marca report. The new digital capability would be useful for people who've lost their SSN card or just want to have an easy way to get it. With this service, customers are able to log into their accounts and see their SSN directly from their phone, so they don't have to go in person or wait for a replacement card, as per Acting Commissioner, Lee Dudek said, "This enhancement reflects our commitment to providing better service to the public while ensuring that their personal information remains secure," as quoted in the those eager to tap into their digital SSN, the process begins with having an active "My Social Security" account. After logging in, account holders will be able to view their SSN securely and at their convenience right on their smartphones, according to the report. The SSA believes this step will make services more streamlined and limit the vulnerabilities of lost or stolen cards, as per this online access will be a game-changer for many, the SSA assured that the traditional methods will always be an option for those who want or require them, according to the a secure way to view your Social Security number (SSN) online, and no need for a physical card, as per the in early summer 2025, if you have a "My Social Security" account.
