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The Health of Social Security

For everyone who has worked and paid into the Social Security System, the annual report about the trust fund is of great interest. Even if you are not retired or disabled the health of the trust funds is important. This week the Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds. The report discusses both the retirement trust known as Old-Age and Survivors Insurance and the Disability Insurance trust. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) The purpose to the report is to predict the viability of the trusts. Trust Funds are projected to become depl

Social Security Issues Fraud Advisory

If you have Social Security Disability, you may think that when you see a call from any component of Social Security you should pick the phone up immediately. Picking up the phone can lead to a lot of problems. Social Security issued the following warning last week about caller ID spoofing. The Inspector General of Social Security, Gail S. Ennis, is warning citizens about a caller-ID “spoofing” scheme misusing the Social Security Administration (SSA) Office of the Inspector General’s (OIG) Fraud Hotline phone number. The OIG has received recent reports of phone calls displaying the Fraud Hotline number on a caller-ID screen. This is a scam; OIG employees do not place outgoing calls from the

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