Money

Financial exploitation is the most common form of elder abuse in the U.S., and the average victim loses $120,000. We also know this crime is severely under-reported.

Scammers are always looking to capture people’s personal information, and Social Security numbers are highly valuable.

In 2019 the Federal Trade Commission (FTC) received nearly 125,000 reports of scams involving prizes, sweepstakes and lotteries that cost victims $121 million.

RICHMOND – The Virginia Department of Elections today announced the distribution of $9 million in Coronavirus Aid, Relief and Economic Security (CARES) Act funding, granted specifically to prevent, prepare for, and respond to coronavirus, domestically or internationally, for the 2020 federal election cycle.

We provide benefits to about one-fifth of the American population and help protect workers, children, people with disabilities, and the elderly. In 2020, we will pay about one trillion dollars in Social Security benefits to roughly 65 million people.

This year, we celebrate Teacher Appreciation Week from May 4 through May 8 and honor all educators who prepare our students for the future. We know that well-informed instructors can have a powerful influence on their students. That’s why we have easy to access, shareable online resources for teachers to engage students and educate them on Social Security.

WASHINGTON – The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.

** Online Services Remain Available **

SOCIALSECURITY.GOV offers many online tools and services to save you time. Here are five that can make your life easier:

It is tax season, and people are beginning to file their returns. As you gather your paperwork, do you feel like you could use some help? Or maybe you are in a position to assist others with their returns. Either way, there is good news. The AARP Foundation helps provide the means to receive and recruit Tax-Aide services for the community.