How to Choose the Age You Start Receiving Social Security Income
No matter your age, it's never too early to start thinking about and planning for your retirement. Whether you're planning for your retirement or helping your parents, this article will give you some information to help you decide when is the best time to retire. Many factors will affect when a
Changes to Social Security in 2022
The government has brought many changes to Social Security in 2022. Here is a summary of some of the changes you should be aware of and where you can find out more information about each one. 1. Cost-of-Living Adjustment (COLA) In 2022, you can expect a 5.9% increase in your benefits as
Plan for the Future with a Representative Payee
If you have started receiving SSI, SSDI, or Special Veterans Benefits, you may want to consider choosing a representative payee. You choose your representative payee through Advance Designation and can choose up to three people to represent you. Choosing someone through Advance Designation does not automatically mean they will be your representative
Social Security and SSI Payment SSI Benefit Dates in 2022
As you've probably heard by now, social security payments in 2022 will be 5.9% higher than last year. This has made many anxious to start receiving their payments to help combat inflation.Below are some of the dates you can expect to receive your payment, to help you plan financially.If you
Medicare in 2022 and How it Works with Social Security
If you are receiving social security and are on Medicare, you might have some questions about some of the changes to these programs for 2022. So, what should you know? What You Need to Know First, you should be aware that from January 1st to March 31st in 2022, you have the
The Wait May Be Over for Those Who Need SSDI
During the pandemic 1,200 Social Security offices closed up shop, resulting in delays and denials for people who needed help the most. In March of 2020, the field offices for the SSA closed down to lower the risk of spreading Covid-19. They posted a public notice that announced they were trying
New Bill May Eliminate Waiting Period and Increase SS Benefits
A new bill was proposed in congress at the end of 2021 that, if passed, would affect social security recipients like you in a number of ways. The “Social Security 2100: A Sacred Trust” bill was created to increase benefits to those who need social security and their dependents. It
Will the Pandemic and Economic Recession Decrease SSI in the future?
As the economy has taken a downturn, many have been hit hard. The good news is that the SSA funds are currently sustaining those who rely on SSDI and SSI. The bad news is that there will be added stress on these funds over the next decade. Some are sounding the
Good News! SSI Will Increase in 2022 Due to a Cost of Living Adjustment
You may have noticed that the cost of living has risen in the past year. Some expenses have increased by as much as 5.3%!Gasoline prices rose to $3.42, and the cost of groceries increased by 2.1%. Eating out has gotten more expensive, too, rising by 3.3% from 2020-21. The bad
Signs that Someone is a Social Security Scammer
We've all heard of scams, but it can be difficult sometimes to identify scammers, especially if they seem to have proof that they are legitimate. Recently, Social Security scammers have been contacting individuals offering COVID-19 assistance or economic impact payments. They ask for information or say they need to charge a