Tonight at 9pm Diana Varela, host of Securing Today & Tomorrow invites Public Affairs Specialist Lydia Chevere to share about the Social Security Updates and Anti-fraud initiatives.
The Cost of Living will Increase by 1.6% and beneficiaries will see the effectives in January 2020.
The Value of Credit will Increase from 1 credit earned per $1,360 to 1 credit earned per $1,410. When people work and pay social security taxes they earn credits. Credits are the building blocks Social Security uses to determine if the person qualifies for benefits.
The maximum amount social security can tax your wages will be increasing from $132,900-$137,700.
Diana and Lydia tell us about Andrew Saul the Commissioner who was sworn in June 2019.
To watch more episodes of this show or one of MMCTV’s other programs visit our youtube channel.