1 year, 3 months ago

Here’s a 2024 resolution: Stop using paper checks. Fraud is soaring

Check fraud tied to mail theft is up nationwide, and thieves who can access your checks can change the amount and ferret those funds right out of your bank account. People who get pensions from jobs that didn’t pay into Social Security may be subject to two provisions, the windfall elimination provision and the government pension offset. Typically, the Social Security benefit at full retirement age won’t be reduced by more than half the pension amount. That means GPO can entirely eliminate a Social Security benefit based on someone else’s work record. If your friend can’t qualify for a divorced spousal benefit, that means she’s already receiving more from her pension than she would get from Social Security.

LA Times

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