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Tag Archives: Social Security

Changes to Social Security Will Smooth Out the Process for Disability Benefits Recipients Paisley Hansen

July 11th, 2014 | 1

Changes to Social SecurityDuring the past year, there have been changes to Social Security that will affect current and future recipients of social security disability benefits. Many of those changes are administrative, and some may alter the process of applying for benefits. Still other changes are intended to improve the process of securing employment for persons with documented disabilities. To avoid unexpected interruptions in benefit payments and to learn about new resources available to them, all disability benefits recipients or their advocates are encouraged to read about these changes in detail.

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How To File For Social Security Retirement Benefits Tracy Mintz

October 21st, 2012 | 1

SocialSecuritySocial Security retirement benefits are an insurance program. When the program began in 1935, it was designed to keep older Americans out of poverty when they were no longer able to work. Like insurance, when you want to start collecting your benefits, you file a claim. Remember that you are dealing with a huge bureaucracy, the Social Security Administration, and while it is very efficient, your claim process will be much smoother if you plan ahead and follow these steps.

 

  1. Determine the right age for you to claim your benefits. The right age for you depends on your other sources of income and financial needs. You can claim reduced benefits at age 62, even if you are still working. Full benefits are available at “full retirement age”, which is 65 if you were born in 1937 or earlier, or 67 if you were born after 1959. Between 65 and 67, the full retirement age is staggered based on the year you were born. For example, for those born in 1958, full retirement age is 66 and 8 months. You can delay your claim until age 70, resulting in a larger monthly payment.

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Understanding Social Security & Medicare (Major Changes in 2012) Justin Usher

September 14th, 2012 | 0

Medicare&SS;Social Security marked its 76th anniversary on August 14, 2011. The Social Security program was established to provide the base of financial protection for working people and their families when earnings are lost due to retirement, disability, or death. In addition to the worker’s benefit, Social Security benefits may be paid to the spouses and children of workers. Benefits are an earned right, and they maintain their value with automatic annual cost-of-living increases.

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