The Social Security Administration (SSA) has announced updates to their electronic Consent Based Social Security Number (SSN) Verification (eCBSV) service. They are adding two more subscription tiers and reducing fees for all tiers to make the service more accessible and affordable for smaller and medium-sized users. This includes a new tier for up to 75,000 transactions and another for up to 500,000. The changes aim to recover development costs while providing cost relief to users, with a plan to break even by 2027.
Simple Explanation
The Social Security Administration is making it cheaper and easier for people to check Social Security numbers online by adding more payment options and lowering fees. They want to help more people use this service without spending too much money.