Tag Archives: Social Security Benefits
Commonly, social security disability benefits are associated to those suffering from a debilitating injury. But did you know that if you suffer from a mental illness, you might be eligible for disability benefits as well? The Social Security Administration evaluates mental disorders according to a number of predetermined categories. If you exhibit symptoms of one […]
A third of retirees count on their Social Security check as their primary source of income, which isn’t a substantial amount. In fact, the average Social Security check was $1,241 in January 2016. Of course, ever year this number adjusts to accommodate inflation, but it’s still not a robust sum of money. Living costs are […]
Currently illegal immigrants aren’t eligible for federal benefits because, well, they are violating federal law. Despite their unlawful status they may be provided rewarded with benefits like Social Security Benefits. President Obama is using Solicitor General Donald Verrilli to convey this message to the Supreme Court.
The world of social security benefits can be bewildering. There are multiple programs, with multiple acronyms. Even with the recent efforts by the Social Security Administration (SSA) to provide more accessible information, the layman can start to feel like a rat trapped in a maze. The following are some basics on social security benefits and […]
There were a couple of loopholes to get pay raises through social security; however that will all change May 1st. On Nov. 2, 2015 the Bipartisan Budget Act was signed which suspended the File and Suspend and Restricted Application for anyone between 62 and 66. The extra benefits are over for those who knew how […]
Ready for the inside scoop? Here are a few essential deadlines that will help you maximize your ability to save on taxes, avoid government penalties and capitalize on fees while you’re on your way to retirement. Age 50 If you’re a retired police, medic, and/or firefighter, you can take penalty-free distributions from your plan at […]
Well into the retirement age? Have had a divorce? You should be enjoying your freedom without financial anxiety. Did you know that you could benefit from a divorcee spousal benefit from your ex’s work record even years after a divorce has been filed? This could be the answer to alleviate your worries. Here’s how to […]