All Entries Tagged With: "Retirement"
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 [...]
Despite Economy, Illinois Social Security Benefits Will Increase
Peter Drummond asked: If you have been feeling the crunch of finding ways to curb your spending on an already fixed income, then you will be delighted to know that your Illinois social security benefits will increase beginning in January.The Social Security Administration announced on Thursday, October 16 that social security benefits will increase by [...]
Proposals to Change Social Security Benefits
Jonathan Kingsbury asked: http://www.defendingthetruth.com/articles/4808-proposals-change-social-security-benefits.htmlDuring many elections, we have heard proposals from politicians to alter or change Social Security benefits. In this paper, I’m going to research and analyze these proposals to find out whether or not they would be beneficial to the Social Security fund, how it will affect all of us in the future, [...]
Social Security Helps Many Retirees Survive
Eric Bayne asked: The very first Social Security check was sent through the mail in 1940 even though President Roosevelt had signed the Social Security Act into law, 5 years earlier. Ever since, many American retirees have been grateful to receive that monthly financial safety net as they entered their retirement years. It’s difficult to [...]
A Simple Way for Claiming Social Security Insurance Benefits
FDP Inc. asked: Social Security Disability Insurance (SSDI) or Social Security Income (SSI) is part of the Federal Social Security program that provides monthly disability payments to those who are younger than full retirement age, unable to engage in substantial employment activities. If one is applying for Social Security Disability benefits, having a lawyer, that [...]
Social Security Myths
Shelley Godra asked: Social Security MythsWritten by Shelley Godra Social Security was created to help finance US citizens after retirement. A portion of every worker’s paycheck assists in funding the Social Security reserve. Currently, these paycheck portions are creating a surplus in the reserve because there are more citizens employed than retired. Some spectators believe [...]
