All Entries Tagged With: "Retirement Benefits"
Social Security Number: a Key to Identity Fraud
Mary Jean Kuda asked: Social Security has been one of the country’s most successful programs. It aids people from financial uncertainty especially in their trying times.The program provides several protections such as:• progressive benefit formula• comprehensive insurance benefits that include disability• survivors and retirement benefits• spouses’ benefits• a cost of living adjustment• coverage until deathThese [...]
Social Security Disability: What is a Disability?
Patricia Woloch asked: Social Security Administration’s Definition of DisabilityThe Social Security Administration has some qualifications to be considered a disability. To be defined as a disability, two conditions must be met:1. The person is unable to do the work for which the disabled person is suited making at least $900 gross income per month (known as [...]
When to Take Social Security
Shelby Smith asked:
One of the most important retirement decisions facing most Americans is: WHEN TO START SOCIAL SECURITY BENEFITS. Conventional wisdom has always been “take it as early as possible — age 62″. Why? Several reasons are given: (a) it might not be there if you wait; (b) you can take the benefits and [...]
Saving Social Security-The Future Of A Historical Piece Of Legislation
G. White asked:
Social security and its future are one of the most controversial issues discussed in politics today, with many different views and outlooks taking center stage. The law that was designed by Franklin D. Roosevelt to protect the elderly and provide services and compensation to them in retirement finds itself in a completely [...]
Reminiscing the Social Security Law in the US
Jamil Estorninos asked:
It is the Great Depression of the ‘30s that necessitates the creation of a Social Security program in the US. Poverty reaches its highest peak among older citizens that time and something has to be done.
The Social Security Act, which is considered the first Social Security law, was drafted under the administration [...]
Retirement: Social Security vs Business Ownership
Christopher Anderson asked:
On June 8, 1934, President Franklin D. Roosevelt announced his intention to provide a program for Social Security. It was his goal to help protect millions of workers from poverty in their senior years. Over the years many changes have taken place and Social Security is very different from the original plan. Here [...]
