Many people think SSI and Social Security Disability benefits are the same. They are actually two very different programs. One is a need-based program that is only available to low income people, the other is based on your earnings history. The only similarity is that both provide benefits to people who are disabled. Supplemental Security […]
SSI Income Limits: How Much Can You Earn and Still Qualify for SSI?
SSI is supplemental income for low income people who are age 65 or older, OR who are disabled or blind. Children may also qualify for SSI if they have a disability and their parents meet the income test. The main thing to remember about SSI is that it is need based, so you need to […]
Social Security Eligibility: How to Qualify for Social Security Retirement Benefits
While millions of Americans rely on Social Security benefits in their retirement years, not everyone qualifies.
Here are some general guidelines regarding Social Security eligibility:
No COLA for Social Security Benefits in 2011
Update: Good news for the millions of Americans who rely on Social Security – they will be getting a raise in 2012, the first time since 2009. The Social Security Administration (SSA) announced that the cost of living allowance (COLA) increase for 2012 will be 3.6%. According to SSA, the average monthly benefit for retirees […]
Social Security Application: How to Apply for Social Security Benefits
As you get closer to retirement one of your top questions is probably when and how to apply for Social Security benefits. Should you submit your Social Security application at age 62 or 66? What are the steps to apply for Social Security once you’ve decided to start collecting retirement benefits? We’ll address these questions and more in the following paragraphs.
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