Protecting Your Clients From Social Security Scammers During The Covid
Some of your clients may have received fraudulent letters threatening suspension of their Social Security benefits due to Coronavirus Disease -related office closures. Please let them know that we will not suspend or discontinue benefits because our offices are closed.
The Social Security Office of the Inspector General has received reports that Social Security beneficiaries have gotten letters through the mail stating their payments will be suspended or discontinued unless they call a phone number referenced in the letter. Scammers then try to mislead beneficiaries into providing personal information or payment via retail gift cards, wire transfers, internet currency, or by mailing cash, to maintain their regular benefit payments during this period of COVID-19 office closures.
If you or your clients receive a letter, text, call, or email that is suspicious about an alleged problem with your Social Security number, account, or payments hang up or do not respond. We encourage you or your clients to report Social Security scams using our dedicated online form at oig.ssa.gov. Please share this information with your friends and family to help spread awareness about Social Security scams.
Exploring Potential Changes To The Ticket To Work Regulations
In April, Social Security will hold the sixth National Disability Forum on Exploring Potential Changes to the Ticket to Work Regulations. The Ticket to Work Program provides employment support to our beneficiaries with disabilities as they work toward self-sufficiency. The forum invites stakeholders to suggest improvements to the program, both in person and virtually. Presenters represent many of our stakeholders: employment networks, state vocational rehabilitation agencies, and Ticket to Work Program participants.
The NDF is scheduled for Wednesday, April 5, 2017, from 1:00 p.m. to 3:00 p.m. ET at the National Education Association located at 1201 16th Street NW, Washington D.C. The forum will also be available via teleconference. You and your clients can view the NDF website at www.socialsecurity.gov/ndf for more details.
The Disability Forum will provide an arena for advocates to share ideas that could support Social Security beneficiary employment goals, increase participation in the Ticket to Work Program, design effective employment models, and foster success with our employment networks.
You and your clients can visit the NDF website at www.socialsecurity.gov/ndf to register and post your comments on IdeaScale.
Get Your Benefit Statement Online As Tax Day Approaches
The Benefit Statement, also known as the Social Security 1099 or 1042S , is a tax form that we mail in January to people who receive Social Security benefits. If your clients misplaced or did not receive it, they can get a copy of their SSA-1099 or SSA-1042S right now with their personal mySocial Security account at www.ssa.gov/myaccount.
Keep in mind that Social Security benefits may be taxable. Please visit www.ssa.gov/benefits/retirement/planner/taxes.html to learn more.
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New Online Payment Option For Social Security Overpayments
We are expanding our online services to provide secure and convenient online features to meet your clients needs. Your clients who have an overpayment may be eligible to make a full or partial electronic payment using Pay.gov or using their bank or financial institutions online bill pay option.
Pay.gov is a secure online service provided by the Department of the Treasury. Our billing notices now include Pay.gov information. For the moment, this service is available only to individuals who are not currently receiving Social Security benefits or Supplemental Security Income payments, but need to pay back an overpayment.
Your clients can also choose to use their banks online bill pay. Under this option, your clients can repay an overpayment debt and have it electronically applied to their balance the next day.
Please be sure tell your clients about our new and secure online bill pay options.
Thank You For A Successful National Social Security Month
In April, we celebrated National Social Security Month. We want to thank you for encouraging your clients to take control of their future by seeing what they can do online.
For over 80 years, Social Security has changed to meet the needs of our customers. Today, you can apply for retirement, disability, and Medicare benefits online find answers to over 200 of your most frequently asked questions and much more.
Although National Social Security Month has passed, its important for your clients to be kept informed all year long. Help us keep the momentum going by continuing to share information about our online services that give your clients secure access to their information anytime, anywhere. Your clients can use theirmySocial Security account to verify their earnings, see an estimate of their future benefits while still working, or manage their monthly benefits once they begin receiving payments. They can access mySocial Security at www.socialsecurity.gov/myaccount.
Social Security puts control at your clients fingertips. Encourage them to explore our wide array of online services at www.socialsecurity.gov/onlineservices.
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Why Do Insurance Companies Care About My Hobbies
From underwater diving, hang gliding, parasailing to ballooning, bungee jumping and mountain climbing if youre the adventurous type, kudos to you! The application will ask if you participate in various activities that are considered risky. While individual activities typically wont make your life insurance rates increase, these questions do provide a snapshot of your life as a thrill seeker. Kind of like what happens if there are numerous infractions in your DMV records.
In some extreme cases, there is an additional cost added to the price of the premium this cost is mostly designated for high-risk hobbies or occupations.The great news is: if you participated in any particularly risky activity at the time of application and havent done it again for a year or more you can apply to have your case reviewed. This would potentially remove that flat extra fee.
Life insurance applications can be intimidating, I know. It takes time and effort and its easy to push it off to another day. But, understanding the value and reasons behind the questions asked should hopefully make it a little easier to push through. These questions help the insurer give you the best and lowest rate possible.
And on the bright side, here at Haven Life, most of our customers manage to complete the entire application within 20 minutes. Now, go forth, be informed and, see how simple buying term life insurance can be.
How To Obtain Life Insurance Without A Social Security Number
We outline the steps below on how to purchase life insurance without a social security number.
The application and underwriting requirements really depend on your situation.
However , in general, here are the steps to obtain life insurance without a social security number.
We discuss these steps in more detail next.
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Do My Beneficiaries Need A Social Security Number
Typically, no. The main reason is that a life insurance policy doesnt require an SSN with the beneficiarys name. You are able to leave your death benefit to anyone you choose and a Social Security number isnt needed.
Your beneficiary will need to provide identification to collect the death benefit. Theyll need to prove that they are who is listed as the beneficiary of your policy. Its always a good idea to have your beneficiarys birthdate and their home address to help with the ID process. Again, a SSN isnt required, but it helps with identification and collecting the policys death benefit.
Disability Benefits When Your Clients Need Them
Disability benefits offer a financial lifeline for your eligible clients. Benefits are for severe impairments that have lasted, or are expected to last, for at least one year or are expected to result in death. When determining if a person meets our definition of disability, we consider medical severity, duration, earnings, and ability to perform past relevant work or any other work that exists in significant numbers in the national economy. There are two programs that pay disability benefits:
- Social Security Disability Insurance pays benefits to you and certain members of your family if you meet eligibility requirements including you worked long enough and paid Social Security taxes to be insured.
- Supplemental Security Income makes payments to people who have low income and few resources, and who are age 65 or older, blind, or disabled.
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How Much Insurance For Non
The easiest plans to qualify for are no medical exam policies. This means you do not have to submit to a blood test, urine test, or extensive medical records review.
These plans are available for up to $250,000 of life insurance death benefit coverage. If you need more coverage, we can help you get another policy with another life insurance company.
Were There To Provide Comfort During Difficult Times
The loss of a parent or guardian can be both emotionally and financially difficult. Social Security helps by providing benefits to help stabilize the familys financial future. Widows, widowers, and their dependent children may be eligible for .
In fact, 98 of every 100 children could get benefits if a working parent dies. And Social Security pays more benefits to children than any other federal program.
Providing protection for parents too
Even if you have never worked in a job covered by Social Security, as a parent, there are two ways that you may still qualify for benefits.
Shining Light On Retirement
The dream of a secure, comfortable retirement is much easier to achieve when you plan ahead. The three major elements of your retirement portfolio are benefits from pensions, savings and investments, and Social Security benefits. Your clients have a better chance of reaching their retirement goals if they start planning earlier and use the correct information to make informed decisions.
Check out our redesigned retirement pages. Your clients can learn about retirement, apply for Social Security benefits, and manage their benefits at www.ssa.gov/benefits/retirement.
Also, let your clients know that they can do much of their business with us online with a personal my Social Security account at www.ssa.gov/myaccount.
Why You Can Trust Bankrate
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. Weve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next.
Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. All of our content is authored by highly qualified professionals and reviewed by subject matter experts, who ensure everything we publish is objective, accurate and worthy of your trust.
Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most price, customer service, policy features and savings opportunities so you can feel confident about which provider is right for you.
- We guide you throughout your search and help you understand your coverage options.
- We provide up-to-date, reliable market information to help you make confident decisions.
- We reduce industry jargon so you get the clearest form of information possible.
All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure were putting accuracy first.
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California Florida And Texas Added To The Social Security Online Card
Social Securitys online application makes getting a replacement for a lost or misplaced Social Security card easy. Were happy to announce that weve added California, Florida, and Texas to the 14 other states and the District of Columbia where you can use this service.
If you have a drivers license or state-issued identification card, you can now request a replacement Social Security card online through our securemySocial Security portal. As long as youre only requesting a replacement card, and no other changes, you can use our free online service from the comfort of your home, office, and even the beach.
The first step is to create amySocial Security account at www.socialsecurity.gov/myaccount.
Visit our website to find out whether you can request your replacement Social Security online, and what the requirements are in your area at www.socialsecurity.gov/ssnumber.
Social Security Testifies Before Congress
On September 27, Rajive Mathur, Deputy Commissioner for Systems, testified before a Congressional committee on efforts to modernize information technology at the Social Security Administration. In his testimony, he said:
The scope of our programs is immense, and information technology is vital to nearly every aspect of the work we do to serve the public. IT allows our field office employees to collect pertinent information and perform complex benefit calculations it provides for electronic storage and retrieval of medical records and other information it protects the sensitive personal, benefits, and earnings information that we maintain and it helps identify and prevent fraud and improper payments in our programs and across government.
Social Security tirelessly protects your information. You and your clients can read the transcript in its entirety at www.socialsecurity.gov/legislation/congressionaltestimony.html.
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World Elder Abuse Awareness Day
World Elder Abuse Awareness Day is June 15. WEAAD provides an opportunity for communities around the world to raise awareness about elder abuse and neglect.
We remain committed to protecting people from fraud and scams. To avoid falling victim, your clients can:
- Read our fact sheet Beware of Social Security Phone Scams at www.ssa.gov/fraud/assets/materials/EN-05-10535.pdf to learn how to spot fake calls and emails.
- Visit our Office of the Inspector Generals Scam Awareness page for information on phone scams, and how to report them at oig.ssa.gov/scam.
- Visit our Fraud Prevention and Reporting page to understand how we combat fraud at www.ssa.gov/fraud/.
We will be participating in the National Center on Elder Abuses WEAAD webinar titled Coming Back Strong after COVID-19: Federal Elder Justice Innovations and Resources. The webinar will take place on Wednesday, June 9, 2021 at 9 a.m. PT / 12 p.m. ET. Your clients can register via Zoom at .
Expanding Social Security Field Office Hours
Currently, a Social Security field office is generally open to the public from 9:00 a.m. to Noon on Wednesdays. Beginning on January 8, 2020, offices will remain open until 4:00 p.m. on Wednesdays, with typical field office hours from 9:00 a.m. until 4:00 p.m., Monday through Friday. This change restores Wednesday public service hours that were last in place in late 2012. You can locate the closest field office to you using our field office locator.
In addition to expanding hours of service, the agency will be hiring 1,100 front line employees to provide service on the National 800 Number and in its processing centers. The agency is currently bringing onboard 100 new processing center employees and approximately 500 new teleservice representatives for the 800 Number. An additional 500 hires for the 800 Number will occur later in 2020.
Improving service is my top priority. Increasing full public service hours at our nationwide network of more than 1,200 field offices is the right thing to do and will provide additional access, Commissioner Saul said. The hiring of a thousand new employees to provide service through our National 800 Number, and an additional 100 hires to process peoples Social Security benefits at our processing centers around the country are steps in the right direction in our mission to greatly improve the service we provide.
Read our press release to learn more.
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Social Security’s National Disability Forum
Social Securitys National Disability Forum, Acquiring and Using Electronic Medical Records, is on August 22 from 1:00 p.m. to 3:30 p.m. in Washington, D.C. The Disability Forum gives stakeholders an opportunity to share their unique insights on topics of particular interest to Social Security early in the rulemaking process and directly with policymakers.
The forum will serve as a listening session that brings public awareness to disability policy. Through this dialogue, we will obtain feedback on best practices for the acquisition and use of medical records, common challenges associated with those records, and the future of electronic health information.
You and your clients can learn more at www.socialsecurity.gov/thirdparty/whatsnew.html.
What Is Going To Happen If I Refuse To Give The Insurance Company My Social Security Number
When it comes to applying for life insurance, it means the carrier wont be able to know who exactly is applying for coverage. If they cant confirm the applicant, then they wont be able to confidently conduct underwriting. That is too much of a risk on the life insurance company, so they wont even offer you a policy.
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Social Security National Disability Forum April 15
Social Security will host the next National Disability Forum on Thursday, April 15 by conference call from 1:00 p.m. 3:30 p.m. . The forum is titled COVID-19 and Social Security Programs: Mental Health Effects on Adults and Children.
Please visit www.ssa.gov/ndf to learn more about the National Disability Forum. You and your clients can email questions to .