8.8.19 Social Security account hacking; School hours for teens; Best family cell plans

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.6 • 5.2K Ratings

🗓️ 8 August 2019

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Social security hacking is a rare but ongoing crime, wherein a criminal hijacks someone's social security benefit, convincing the authorities of an address and bank account change. Impersonating you, the criminal starts receiving your benefit. Criminals will also apply before you do - just in advance of your 62nd birthday, while you may be planning to take the benefit years later. Set up an account at MySocialSecurity.gov long before you're eligible to receive the benefit. If an address change is attempted, you get an alert letter. This account allows you to monitor your benefit. Pay attention to alerts and letters. And before you ever call social security - verify the number given to avoid ss scams. It's back-to-school time for many districts in the country and for most, the morning bell rings way too early. The early bell is a convenience for working parents, but it's not what's best for kids. Adolescent circadian rhythms have been studied. Kids this age are night owls for whom getting enough sleep is critical to development. They perform better if school starts later. Some school districts have made the adjustment. One district at a time..... Family and individual phone plans - / Clark.com Cell Phones / ClarkDeals-Phone Plans Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Glad you're with us here on the Clark Howard Show where it's about you learning ways to
0:10.3	save more and spend less and don't let anyone ever rip you off coming up later.
0:18.3	Everything's about family cell phone plans.
0:21.8	What if you're just an individual trying to buy a cell phone service?
0:25.8	Then what do you do?
0:27.5	Before that though, we're going to talk about making sure that we treat our kids as best
0:34.3	as possible.
0:36.4	School's getting ready to start in some parts of the country and there's something simple
0:41.6	that we need to do for kids that very few school systems do in the United States.
0:49.8	So I want to talk right now about social security hacking.
0:56.5	Not somebody using your social security number to apply for credit pretending that you
1:05.8	somewhere trying to buy a car is if they're you whatever.
1:10.1	I'm talking about people trying to hijack your money from social security.
1:18.1	Okay, this is crazy, but it is something that fortunately doesn't happen a huge amount
1:28.2	because I don't want to create panic, but is an ongoing problem where a criminal will
1:37.0	convince social security that you have changed your address and also changed your bank account.
1:45.6	And so they will then suddenly be receiving your social security money direct deposited
1:54.3	into an account they've set up impersonating you and suddenly your social security stops
2:01.1	coming to you.
2:03.2	In the more creepy case, a lot of people like me plan to wait, wait past age 62 to claim
2:13.0	social security.
2:14.7	Well, what criminals do is they will do an application for social security pretending to be you
	...

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