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Insurance News – social security GET YOUR BENEFIT …
Do you need a letter from Social Security verifying your benefits? The fastest and most convenient way to get one is to go online to www.socialsecurity.gov. You might need it for a number of reasons. Perhaps you need proof of income for a loan…
SSDI Benefits Payment Options
In the past, most people received their Social Security Disability Insurance (SSDI) benefits as a check that came in the mail. Those days are over. Today, most people receive their SSDI benefits by direct deposit into a bank or credit union account.…
Scott Burns: Nation’s future relies on health of Social Security
It would be difficult to overstate the importance of Social Security. I don’t say this as a blind loyalist of our largest social program. I’m simply awestruck by how large it looms for all but the wealthiest Americans. Without this program,…
Should Social Security Raise Its Retirement Age?
Social Security is an essential part of how people make ends meet in retirement. But some business leaders, including the CEOs of AT&T (NYSE: T ) , Caesars Entertainment (NASDAQ: CZR ) , and several other major corporations, believe raising retirement age would save the program from financial…
Putting Retirement Health Costs in Context
I’m reminded of our conversations when I consider retirement planners’ admonitions to save more for retirement. The median retirement-account balance for people age 55 to 64 is $120,000—far short of Fidelity’s proposed benchmark of eight times final salary, or the…
Medicare and the Affordable Care Act (ACA)
October 1, 2013 is an important day for the Affordable Care Act (ACA), also known as the Health Care Reform Law. This is the day many health insurance changes went into effect, including the ability to enroll through the state…
Seniors on Medicare Not Affected by ‘Obamacare’
Are you eligible for Medicare? Are you unsure what you need to do now that “Obamacare” has taken effect on October 1st, 2013? Many seniors are asking the same question. Now that the new state insurance Exchange has opened, it’s important for…
A disabling fiscal trend
Social Security Disability payments serve a necessary purpose, and the steep rise in Americans on disability raises serious concerns about the program’s sustainability. The number of former workers receiving Social Security disability benefits rose from 5 million in 2000 to 8.8…
Could shutdown lead to Social Security COLA changes?
Fearing that the federal shutdown negotiations could quickly morph into an entitlement reform debate, advocacy groups for Medicare and Social Security are preparing for battle. On Wednesday the National Committee to Preserve Social Security and Medicare Foundation put out a report…
60 Minutes Piece On Social Security Disability Coming On Sunday
From the newsletter of the Association of Administrative Law Judges (AALJ): This Sunday evening, October 6, the television news show “60 minutes” will air a story regarding the SSA disability adjudication system. AALJ Vice-President, Marilyn Zahm and I were interviewed for…