While the 2022 COLA is welcome news for Social Security beneficiaries, this new senior scam might not be.
This scam is targeting seniors who are eligible for a cost-of-living increase. Official-sounding letters might ask recipients to “activate” their COLA by providing personal information. However, these letters could put seniors at risk.
Learn more about this fraud attempt by reading The Seniors Center Blog’s post “Stay Safe from This Senior Scam in 2022.”