With skyrocketing inflation, many people with disabilities are on the brink financially. Their SSDI payments are barely enough to make ends meet. Because of this, they are curious to learn if they could start receiving supplemental security income (SSI) as well. Find out the answer in this blog. Reasons for SSDI Payments Being So Low For...Read More
Having a disability presents significant challenges. Such people are under a tremendous amount of financial and emotional stress. However, things can get a lot worse when they see their SSDI application rejected. Learn how you can win a social security disability appeal and improve your quality of life. Appeal Fast Time is crucial when it comes...Read More
The onset of disability creates not only challenges for the person themselves but also their spouse. Taking care of their disabled spouse can put a mental and emotional strain on the partner. With how high inflation is currently, financial anxiety can jeopardize your marriage and put it at risk of divorce. Learn how social security spouse’s insurance benefits...Read More
Before we debate if it’s a socialist program or not, we first need to learn what socialism really means and how it’s different from capitalism. Socialism vs Capitalism The term ‘socialism’ is fundamentally used to describe an economic and political system that is based on the collective ownership of property and the means of production....Read More
Managing your expenses as a retiree in the US can be quite challenging, especially if you depend upon your social security benefits to cover your basic needs. To make sure you don’t encounter any financial problems in your lifetime, you need to keep yourself updated with the annual changes made to the social security programs...Read More
As of 2021, the maximum earnings subject to social security taxes was $142,800. But the amount has been increased to $147,000 for 2022. The federal government changes this limit (aka taxable maximum) every year according to the average wage index. The OASDI (Social Security’s Old-Age, Survivors, and Disability Insurance) tax rate for the wages paid in...Read More
Legal immigrants in the US are eligible for social security under specific circumstances. These circumstances include; If they meet the SSA’s social security work credit requirements (i.e. they’ve earned at least 40 work credits in the country. You acquire 40 credits in 10 years if you earn 4 credits every year) If an immigrant has...Read More
The short answer is, ”yes!”, but if you’re looking for the right advice, we’d recommend you to wait. Collecting social security while you’re still working isn’t a good option if you want to maximize your benefits. How it Works If a person meets the SSA’s eligibility requirements for Social Security, they can start acquiring Social...Read More
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