Social Security Faces Changes: New Rules and Potential Cuts
The Social Security Administration is set to undergo significant changes that could affect millions of Americans. According to Axios, the administration is contemplating cuts to benefits as early as 2026, stirring widespread concern among beneficiaries and policymakers alike. These potential reductions are being considered due to the program's looming financial shortfall.
Further complicating matters, the administration is implementing stronger ID verification procedures, as reported by lohud.com. These new rules aim to combat fraud but may pose challenges for many, especially in the Lowcountry, where Live5News highlights the difficulties some residents may face in adapting to these changes.
Amid these developments, former President Donald Trump's stance on Social Security has come under scrutiny. Newsweek reports that Trump has been vocal about transparency and potential reforms to the program, though specifics on his plans remain unclear. This has led to debates on how best to ensure the sustainability of Social Security without compromising the benefits that many Americans rely on.
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What is the new rule for social security?
Beginning March 31, anyone who does not have an online personal account with Social Security will have to make an in-person visit to the agency's office if they need to verify their identity. Senors advocates say the change will cause hardship. ( AP Photo)AP. Robert Higgs, cleveland.com.
How to prove identity to social security?
You will need to bring your driver's license, state-issued identity document, or passport.
Do I need to verify my identity with Social Security?
Proving identity is only required when applying for cash benefits or to change direct deposit information. In-person verification of identity will only be required at a local Social Security office if unable to use Social Security's online service with a personal my Social Security account.
How to change social security direct deposit?
To update or make changes to your direct deposit information, visit a local office or call 1-800-772-1213 to schedule an in-person appointment.
