From the Better Business Bureau: Each year, the Social Security Administration (SSA) approves a cost-of-living adjustment (COLA) for recipients of Social Security benefits and Supplementary Security Income (SSI). Due to inflation, payments will increase by 8.7% this year. It’s a significant increase – the highest COLA approved in more than 40 years – and scammers are taking advantage. If you or a loved one receive Social Security benefits, stay alert to the signs of a scam. How this scam worksScammers contact you by phone, text, or email. Continue Reading →