![]() Your clients can learn more about protecting their loved ones at /slam-the-scam-how-to-spot-government-imposters and our Protect Yourself from Social Security Scams webpage at Please share these important resources with your clients. We work hard to protect beneficiaries from Social Security and government imposter scams. Understaffed Adult Protective Services offices can also cause long processing times and underreporting. Many older Americans are unsure about the reporting process or feel too embarrassed to report. Reporting fraud can be difficult and older adults tend to underreport – especially when money is lost. Older adults in the United States, also lose nearly 25 times more money to scammers than other groups – an estimated $113.7 billion a year! This includes victims of COVID-related scams. Older adults in the United States reported more than $1.6 billion in losses in 2021. We are committed to helping and preventing further victimization – especially in underserved communities.Ī recent Federal Bureau of Investigation report showed that elder fraud has increased. It’s important to remember that elder abuse can happen to anyone, regardless of race, ethnicity, gender, or financial status. Unfortunately, older adults face high rates of elder abuse, fraud, and nursing homes deaths. If they don’t have an account, they can easily create one at How Your Clients Can Protect Loved Ones from Elder AbuseĪre your clients concerned about protecting their older relatives and friends from elder abuse? The pandemic highlighted the disproportionate impact of tragedy on underserved communities, including older adults. Please let your clients know they can take steps to improve their financial knowledge by signing in to their personal my Social Security account. Your clients can compare the effect different future earnings and retirement benefit start dates have on their future benefit amount. Our Plan for Retirement tool in your clients’ personal my Social Security account allows them to check various benefit estimate scenarios. Your clients should periodically review their Social Security Statement ( Statement) using their personal my Social Security account at The Statement is an easy-to-read summary of the estimated benefits your clients and their families could receive, including potential retirement, disability, and survivors benefits. We have online tools to help your clients understand their potential Social Security benefits and how they fit into their financial future. Social Security is a vital part of any financial plan. The day serves as an important reminder for your clients to plan for their financial future. Save the Date! Upcoming National Disability Forum on October 19, 2022 Your clients can learn more about these updates on our Medicare webpage at and our Medicare publication at Please share this important information with your clients. Starting January 1, 2023, their coverage starts the first day of the month after they sign up. The GEP lasts from January 1 through March 31. If your client doesn’t sign up for Medicare Part B during their IEP, they have another chance every year during the General Enrollment Period (GEP). Starting January 1, 2023, your client’s Medicare Part B coverage starts the first day of the month after they sign up, if they sign up during the last three months of their IEP.īefore this change, if your client signed up during the last three months of their IEP, their Medicare Part B coverage started two to three months after they enrolled. If your client signs up the month that they turn 65, their coverage will start the first day of the following month. If your client is automatically enrolled in Medicare Part B, or if they sign up during the first three months of their IEP, their coverage will start the month they’re first eligible. ![]() ![]() End three months after their 65 th birthday.Include the month of their 65 th birthday.Begin three months before their 65 th birthday.If your client is eligible at age 65, their Initial Enrollment Period (IEP) will still: Let your clients know that changes are coming next year for when Medicare Part B coverage starts.
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