Latest news with #mySocialSecurity
USA Today
19-05-2025
- Business
- USA Today
2 Social Security changes that have happened in the last 4 weeks
2 Social Security changes that have happened in the last 4 weeks Show Caption Hide Caption Retirement group works to curb loneliness Combating loneliness and depression in their golden years, a Wisconsin senior citizen group is looking to add more members. Fox - Milwaukee If you're struggling to keep up with all the Social Security changes that have happened so far this year, you're not alone. The Trump Administration has put a lot of effort into revamping the program so far, leading to frequent rule changes, some of which have already been amended or reversed. The last four weeks alone have seen two Social Security changes that could have a significant effect on new applicants and existing beneficiaries. Here's what you need to know about these recent changes so you're not caught off guard. 1. An amendment to new identity proofing requirements Back in March, the Social Security Administration (SSA) announced a plan to institute new identity verification procedures for those who wanted to apply for Social Security benefits or make account changes over the phone. The initial announcement indicated that once these changes took effect, you'd have to visit a field office and have someone verify your identity before you could submit your application or process your change. A few weeks later, the SSA amended this to say that those applying for Social Security disability benefits, Medicare or SSI would be able to complete their applications over the phone, while everyone else would need to visit a field office if they chose not to complete their application through their my Social Security account. A second amendment came on April 14, when the SSA announced that anyone wishing to apply for Social Security or make account changes over the phone could do so. However, new technology will scan for signs of possible fraud. If your account is flagged, you may still need to visit a field office. That's where things stand for the time being. If you'd rather avoid all of this hassle, your best bet is to do as much as you can through your "my Social Security" account. You will have to go through some identity verification questions when you first open your account. But after that, you can quickly log in with a username and password. You won't have to deal with wait times or scheduling appointments like you would with phone or in-person support, so it's definitely your fastest option for applying or changing your address or direct deposit information. 2. Decreasing the overpayment recovery rate In March, President Trump reinstated the 100% overpayment recovery rate that had been in place prior to 2024. This enabled the Social Security Administration to withhold all of a person's future checks, if necessary, to recoup an accidental overpayment. This rule change left the 10% recovery rate cap in place for any overpayments that had occurred prior to March 27, 2025. But as of April 25, the government changed course and decided that all overpayments — past and future — would have a 50% recovery rate cap instead. This means the government can withhold up to 50% of your future benefit until it recoups the entire overpayment. Though overpayments are rare, when they do happen, losing half your checks could be devastating. Fortunately, that's not your only option to deal with an overpayment. If you still have the extra money, you can repay this directly to the SSA when you first notice the issue. This should prevent the government from garnishing any of your future checks. You can also contact the SSA to request a lower recovery rate if losing half your checks would be difficult for you financially. There's an option to request that the government waive the repayment collection altogether, too. It may do this if you can prove that the overpayment wasn't your fault and that it would cause you financial hardship to pay it back. If you have questions about any of these rule changes, it's best to reach out to the Social Security Administration directly. You may also want to keep your eyes out for future changes that could affect you or your benefits. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. The $ 22,924 Social Security bonus most retirees completely overlook Offer from the Motley Fool: 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"could help ensure a boost in your retirement income. One easy trick could pay you as much as $22,924 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. JoinStock Advisorto learn more about these strategies. View the "Social Security secrets" »
Newsweek
06-05-2025
- Business
- Newsweek
Social Security Announces Changes Coming This Summer: What To Know
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Starting this summer, Social Security cardholders will have a new digital option for accessing their Social Security numbers. The Social Security Administration (SSA) announced it will roll out secure digital SSN cards via the "my Social Security" online portal, offering a modern alternative to the traditional paper cards used for decades. Why It Matters The shift to digital is intended to improve convenience and security for millions of Americans. SSA officials say this innovation will cut down on the need for physical visits to Social Security offices and reduce the reliance on mailed replacement cards, processes that can take days or weeks. With the increasing risk of identity theft and fraud, a digital SSN offers users a faster and more secure way to retrieve their number when needed for everyday non-SSA-related transactions. According to SSA Acting Commissioner Lee Dudek, the new feature is part of a broader effort to "provide better service to the public while ensuring that their personal information remains secure." A woman stands outside a US Social Security Administration building, November 5, 2020, in Burbank, California. A woman stands outside a US Social Security Administration building, November 5, 2020, in Burbank, California. VALERIE MACON/AFP via Getty Images What To Know The digital SSN feature will be available to people with a "my Social Security" account and can be accessed through the SSA portal on mobile or desktop devices. Once logged in, users would securely display their Social Security number on screen. The option is intended primarily for those who may have lost their paper cards or simply forgotten their number. This feature is not a digital ID or government-issued mobile credential, and doesn't replace the need for a physical card in all situations. Rather, it's an additional access method aimed at simplifying proof of identity in contexts like job applications or financial transactions requiring a Social Security number. The digital rollout is scheduled to begin in early summer 2025 and reach all SSA field offices and card centers nationwide by season's end, according to SSA's press release. What People Are Saying Michael Ryan, a finance expert and the founder of told Newsweek: "Think about it, no more tearing apart your filing cabinet looking for that little blue card! You'll be able to pull up your Social Security number right on your phone or computer whenever you need it." "But here's the catch, what about grandma who still uses a flip phone? Or people without reliable internet? The SSA says they're keeping all the traditional options available too, so nobody gets left behind. They've already shown they're willing to adjust when they get pushback, which is reassuring." Kevin Thompson, the CEO of 9i Capital Group and the host of the 9innings podcast, told Newsweek: "The move from physical cards to digital versions is a much-needed step forward for the SSA. It's about time we caught up with the digital age. That said, if you still prefer a physical copy, you can absolutely get one. The digital version is just an added layer of convenience." Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek: "It's a long overdue update. For years, many Americans have been asking for a digital update to physical forms of ID, as it's vastly easier to keep track of and utilize. Obviously, the primary concern from a government-level was maintaining the security of the card to ensure data was protected. The new virtual access can be used to verify Social Security information in any situation so that individuals don't have to find their physical card or send off for a new one." What Happens Next Users who wish to take advantage of the new digital card will need to create or log in to their existing "my Social Security" account at SSA recommends that people ensure their personal contact information is current to avoid login issues or security verification delays. "This is for the Gen X'ers mainly; those that have fully embraced the digital age and the very young boomers that can handle this transition," Thompson said. As the rollout progresses, SSA plans to monitor feedback and adjust for usability and accessibility, particularly for older adults and people with limited digital literacy. The agency has said that the paper SSN cards will remain available, and the digital version is an optional enhancement, not a mandatory replacement. "This is the SSA finally catching up with the 21st century. For most of us, it'll make life easier, but the success will really depend on how well they handle the transition for vulnerable populations," Ryan said.
Hindustan Times
01-05-2025
- Business
- Hindustan Times
May social security payment schedule: Expect your SSI check on these dates
As May 2025 begins, millions of Americans who rely on Social Security benefits are watching the calendar to anticipate when their monthly payments will arrive. The Social Security Administration (SSA) maintains a structured and predictable payment schedule, but the exact date your payment is issued depends on several factors — including the type of benefit you receive and, for many, your birth date, as reported by USA Today. Also read: Double Social Security payments in May 2025: Who is eligible, how much stimulus will you receive Understanding your payment date is crucial for budgeting and managing day-to-day expenses, especially for retirees, people with disabilities, and others who rely on these benefits as a primary source of income. Here's a detailed look at the Social Security and Supplemental Security Income (SSI) payment schedule for May 2025. Those who receive Supplemental Security Income (SSI) should have already received their May benefit on Wednesday, May 1. SSI is generally paid on the 1st of each month. If the 1st falls on a weekend or a federal holiday, the payment is issued on the previous business day. This month, since May 1 fell on a weekday, the payment went out right on schedule. If you're receiving Social Security retirement, survivor, or disability benefits, the date of your payment depends on when you started receiving benefits and your date of birth. *If you began receiving benefits before May 1997: Your payment was issued on Friday, May 3. This group always receives payments on the 3rd of each month, regardless of birth date. *If you started receiving benefits in May 1997 or later: Payments follow a staggered schedule based on your birth date: *Born between the 1st and 10th of the month: Your payment will arrive on Wednesday, May 8. *Born between the 11th and 20th of the month: Your payment will arrive on Wednesday, May 15. *Born between the 21st and 31st of the month: Your payment will arrive on Wednesday, May 22. Most beneficiaries receive their payments via direct deposit into a bank account or on a Direct Express debit card. This electronic delivery method ensures that funds are accessible quickly and securely. For those receiving paper checks (which are now rare), the mail may take a few days longer. If your expected payment is delayed, the SSA advises waiting at least three business days past the due date before contacting them. Issues can often be resolved quickly by checking your status online or by contacting your bank. Stay informed through 'my Social Security' Beneficiaries are strongly encouraged to create a my Social Security account on the SSA's website ( This portal allows users to verify payment dates, check benefit amounts, and manage direct deposit or personal information securely. For the more than 70 million Americans who receive Social Security or SSI benefits, knowing exactly when their money will arrive helps with timely bill payments, grocery shopping, and covering essential expenses. The SSA's predictable schedule provides stability, but staying informed about specific dates ensures there are no surprises. Also read: IRS tax refund schedule: Will your deposit arrive this week? Find out May 2025 brings no major holiday-related disruptions to the schedule, so beneficiaries can expect their payments to be delivered as outlined — on time and without delays.
Yahoo
30-04-2025
- Business
- Yahoo
Some Tennesseans could soon access their Social Security cards digitally. Here's how
Tennesseans will soon be able to always have their Social Security card with them, well at least a digital one. On April 25, the Social Security Administration announced that people will be able to access a new and digital alternative to the traditional Social Security card. The announcement comes on the heels of the agency making cuts to over-the-phone services and the shuttering of Social Security offices in Tennessee and across the nation. "We are proud to offer this new digital solution to our account holders. This enhancement reflects our commitment to providing better service to the public while ensuring that their personal information remains secure," said Lee Dudek, the agency's acting commissioner said in a news release. "We believe that this modern approach will meet the needs of our constituents in a more efficient manner.' People with a my Social Security account will be able to access and view their Social Security number online. But the new feature is still several months from rollout. The agency didn't announce a specific date for the rollout, but it is expected to be available this summer. My Social Security account holders, applicants or beneficiaries, can access it via their account once it is available. The agency stated that it could be used as a "simple solution" if a person forgets their number or needs their card. "This will reduce their need for an in-person visit and/or having to wait to receive their SSN card through the mail," read the agency's statement. It can be used for most anything that people need a Social Security number for, but not in the handling of Social Security matters, the agency said. Find out how to create a my Social Security account at This article originally appeared on Nashville Tennessean: Digital Social Security cards are coming. Here's what to know in TN
Yahoo
29-04-2025
- Yahoo
Big new Social Security change may be one beneficiaries actually like
The Social Security Administration has announced a new digital feature that will help account holders who may have forgotten their social security number or lost their physical card. According to a statement from the administration, account holders will be able to access their social security number through the 'my Social Security' portal starting this summer. The statement describes this digital access as a 'modernized, secure, and accessible alternative' to the traditional physical cards. The new feature will streamline the process of looking up social security numbers, allowing account holders to access pertinent information online without an in-person visit to a Social Security office or waiting for a new paper card to arrive in the mail. The agency also hopes the digital access will reduce the risk of lost or stolen social security cards. 'We are proud to offer this new digital solution to our account holders,' said acting commissioner Lee Dudek. 'This enhancement reflects our commitment to providing better service to the public while ensuring that their personal information remains secure. We believe that this modern approach will meet the needs of our constituents in a more efficient manner.' Those without a 'my Social Security' account can set one up through the administration's website. Child struck, killed by school bus in Boston was a 5-year-old boy Where Bruins stand going into NHL Draft Lottery Mass. schools boss: Immigration chill leading to 'extended absences' Funeral services scheduled for Rep. McGovern's daughter, remembered for 'pure joy' 2 Harvard grad students to undergo anger management for assaulting student, DA says Read the original article on MassLive.
