What Happens When You Apply for Disability Benefits? You should apply for disability as soon as you become disabled since it takes time to process your application. One reason why the process takes so long is that Social Security does not review the applications; they contract with state governments to review and process the applications. […]
Social Security Disability Benefits
Understanding Social Security Disability Benefits Most people are aware that there are Social Security disability benefits, but the possibility of becoming disabled is not something most people want to think about. Unfortunately, the chance of becoming disabled during your working years is greater than you might think. Studies show that young workers have a 30% […]
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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