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Money Talks News: 8 Social Security Myths Exposed

Myth: If I’m collecting Social Security, I’m an obvious target for identity theft and scams

You should always keep a eye out for scammers. Recently, CNNMoney reported that identity thieves are targeting seniors by fraudulently rerouting Social Security benefits to their own accounts. But that doesn’t mean only those at retirement age are at risk – anyone with a Social Security number is.

Surprisingly, children are even more at risk for getting their Social Security number stolen, according to a Carnegie Mellon University CyLab study. An astounding 10 percent of children surveyed had someone else using their Social Security number.

(iStock)

More from Money Talks News:
5 Things to Consider For a Less Taxing Retirement
How to Replace Lost, Stolen, or Destroyed Personal Paperwork
Ask Stacy: Is It Too Late for a Happy Retirement?



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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