Social Security makes largest change in 91-year history heres how it impacts you

The Social Security Administration (SSA) has just announced the biggest change in its 91-year history.The agency said on Tuesday that it has officially “cleaned up” the comprehensive Social Security Number (SSN) database.According to the 91-year-old office, SSA records are referenced by federal government agencies and in states to validate identities — which helps prevent improper payments of taxpayer dollars.While it may seem like a small, administrative change, the move safeguards identity data, helps to prevent fraud, and preserves proper program administration.“The Social Security Number database is our country’s books and records.

The database’s accuracy is essential to maintaining integrity of government services for citizens.Accurate SSN records prevent fraud across federal programs and support the proper administration of benefits,” said Commissioner Frank J.

Bisignano in a press release.Here’s what the SSA has fixed according to the agency:Now here’s what you don’t need to worry about — no Social Security numbers have been taken, your monthly checks are still coming, and recipients will still see a COLA bump.In other words — it’s business as usual.Moreover, if you have a relative or friend who has recently died, their Social Security number will not be taken.The SSA is clear that it does not reassign numbers after a card holder’s death. “Even though we have issued over 453 million SSNs so far, and we assign about five and one-half million new numbers a year, the current numbering system will provide us with enough new numbers for several generations into the future with no changes in the numbering system,” the website reads.Social Security has also announced another change — but this time it’s directly helping Americans.

The agency recently revealed that beneficiaries will see 3.6% cost-of-living increase next year — averaging another $75 a month.This means 73 million Americans who collect benefits will see the bum...