Americans get letters alerting them to Social Security benefits
The nation's 72 million Social Security recipients are just days away from getting a boost to their monthly benefits. The 2024 cost-of-living adjustment, or COLA, has been set for a 3.2% bump — the smallest increase in three years. That's because the Social Security Administration bases...
Understanding the definition of disability that the Social Security Administration uses is critical. For the purposes of qualifying for Social Security disability benefits under either SSI or SSDI, the SSA defines a qualifying disability as the "inability to engage in any substantial gainful activity by...
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In return, Social Security sent the Swords letters like this one, saying it had increased Steven's benefits "to give him credit for his 2019 earnings." Anderson Cooper: Is the impression you got from that, that they're examining the pay stubs-- ...
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Denial letters from the social security administration on Social Security Disability and SSI disability claims tend to be fairly generic. If you have filed a disability application in either program and the claim is denied, then you will receive what is
Yes, seniors on Social Security can get a mortgage. Social Security Income (SSI) for retirement or long-term disability can typically be used to help qualify for a mortgage loan. That means you can likely buy a house or refinance based on Social Security benefits, as long as you’re curre...
political choice. The strongest evidence of this comes directly from the 2009 Annual Report of the Trustees. In that report, they predict gloom and doom for Social Security because “there is no provision in current lawthat would enable full payment of benefits, once the Trust Funds are ...
In light of this situation, planning for Social Security benefits with "young" children in the home (those under age 18) needs to be done more carefully. In some situations, the children may be so close to 18 that it's still worthwhile to delay. In other scenarios, the...