Watch Out for These 3 Social Security Scams & How To Protect Yourself

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Scammers are making out big in 2022. With the rise in digital payments, inflation relief checks issued by various states throughout the year and the upcoming holidays, fraudsters are finding many avenues to cheat people out of money — and they’re getting quite savvy at it. 

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Oftentimes they have your name, address and even the last four digits of your Social Security number, and they might have a script that sounds very authentic and may catch you off guard.

As 2023 brings a large cost of living adjustment to Social Security, providing most beneficiaries over $140 per month extra, as GOBankingRates has reported, scam artists are also targeting retirees to take advantage of their extra financial boost as well as possible confusion about the program and eligibility.

The Social Security Office of the Inspector General “received about 360,000 reports of Social Security impersonators and related scams in 2021,” according to AARP. While this is a decrease from 2020, as mobile providers…

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