SSI
Ask Rusty – How Do Disability Programs Affect Social Security’s Budget?
Dear Rusty: I read with interest an analysis of the history, reasons, and financial costs of the SSI (Supplemental Security Income) and SSDI (Social Security Disability Insurance) programs. My question is, specifically, what portion of the Social Security budget goes…
Ask Rusty – Will Opening a Joint Account Affect My Disabled Father’s “SSI?”
Dear Rusty: I live in Michigan and my senior disabled father lives in rural Kentucky. His income is part Social Security and part disability. I talked to a local credit union near his home and explained I would like to…
The odds of approval of your SSDI application varied greatly by state
After you file your SSDI claim, it usually takes three to five months to decide. The time will depend on how much evidence you provide with your application. Three to five months is just the average; it can take longer…
Default Effects: Oldest and Poorest Social Security Beneficiaries in the Crosshairs
As the negotiations grind relentlessly toward a June 1 deadline, anxiety is building in the senior community regarding just what will happen should the U.S. Treasury enter default status. Amid conflicting commentary on whether or not an agreement can be…
Attention Veterans: Good Idea to Review Social Security Benefits
If you haven’t reviewed the benefits available to Veterans recently, now might be a good time to check out the SSA website pages dedicated to this topic. The Information for Military & Veterans page at SSA.gov provides a collection of…
Study Suggests that Millions Are Missing Out on SSDI/SSI Benefits
According to a post by The National Desk’s Cory Smith, a sizeable number of Americans with disabilities are not receiving the full benefits available to them under current law. Smith cites the results of a study done by Stony Brook…
Social Security benefits may not increase as much next year
Approximately 70 million Americans–Social Security and Supplemental Security Income (SSI) beneficiaries–saw an increase of 8.7 percent in their monthly benefits in 2023. According to new research from the Bank of American Institute, the cost-of-living adjustment for 2023 was one of…
A guide to your monthly benefits
Approximately 70 million Americans will see an 8.7 percent increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2023. Those individuals on Supplemental Security Income will get their first increased check in December. Katie Teague created…
Details on Supplemental Security Income and How to Qualify
Over 8 million people received Supplemental Security Income (SSI) benefits from Social Security in April, with 28.5% of them age 65 or older. If you are wondering about your individual eligibility, check out this Patch.com article by Social Security’s Delia De…
SSA Provides Updated Guidance on COVID-19 Impact Payments
The Social Security Administration late yesterday provided an update on the question “How do I get my COVID-19 economic impact payment?” The announcement includes an update to their document ” Economic Impact Payments for Social Security and SSI Recipients – Steps to…