BBB Warns Social Security Recipients to Beware Cost of Living Adjustment Scams

This podcast is brought to you by BBB of the Tri-Counties:

How to avoid this Scam:

• Remember, the SSA’s Cost of Living Adjustment is automatic. You don’t need to do anything to receive the increase in benefits. If someone tells you otherwise, you’re likely dealing with a scammer.

• Know how the SSA communicates. According to SSA, “If there is a problem with your Social Security number, we will mail you a letter. Generally, we will only contact you if you have requested a call or have ongoing business with us.” A call, text, or email from an SSA agent out of the blue is a red flag.

• Don’t give in to threats. SSA will never threaten you with arrest or legal action. They will never suspend your Social Security number or demand payment from you. They will never ask for personal information or banking details to give you an increase in benefits. If someone demands these things or threatens you over the phone, they are not with SSA.

• When in doubt, hang up. If you suspect you might be getting scammed, stop all communications. Visit to research or call 1-800-772-1213 to confirm that the correspondence is legitimate before taking action.

For more information Read more about healthcare scams in this BBB tip. Learn more about other government impostor scams. Get more general tips to avoid scams by visiting

A BIG thank you to Ayers Automotive Repairs in Santa Barbara for supporting Your Moment of Trust!

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