Social Security Administration

Social Security Administration

Social Security Administration is a state-owned agency headquartered in the US. Founded in 1935 with approximately 60,000 employees, the agency is an independent agency of the U.S. federal government responsible for administering social security.

Revenue

Founded

1935

Headcount

60,000

Headquarters

United States

Primary Segment

Other

Ownership

State Owned

News Summary:

On September 29, 2026, the Justice Department’s National Fraud Enforcement Division announced the results of a surge in criminal enforcement actions that targeted fraud in Social Security Administration (SSA) benefits programs, including Supplemental Security Income (SSI). This effort, involving 11 U.S. Attorney’s Offices and federal investigative agencies, uncovered $1.34 million in stolen Social Security benefits within a month, highlighted by a case involving a fraudster who allegedly hid a deceased mother in a garage freezer. Earlier that day, the Social Security Administration updated the online system employers use to prepare and submit W2 and W2c wage reports, retiring the previous W2 and W2c Online application on September 19, 2026, in favor of a modernized application accessible via SSA Business Services Online. This followed the SSA reaching 105 million "my Social Security" accounts, placing online service access behind a digital identity layer as the federal government moves to establish Login.gov as a common gateway for public digital services.

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