Tag Archives: Social Security

Are My Social Security Checks Expected to Increase in 2019?

The Social Security Administration recently stated that payments to Social Security and Supplemental Security Income beneficiaries are set to increase for next year. Specifically, the payments are expected to rise 2.8 percent. Why Are My Social Security Checks Increasing? This payment increase is due to an automatic cost-of-living adjustment, also known as COLA. COLA is based on low inflation and dictated by law. It takes effect on December 31 for the country’s 8 million SSI recipients. The COLA is based on the Consumer Price Index for urban wage earners and clerical workers, or CPI-W. This measures different price changes for food, clothing, transportation, housing, medical care, energy, education and recreation. Low-income disabled and elderly people that receive Supplemental Security Income also receive a COLA. In addition to retirees, other Social Security beneficiaries include disabled employees and surviving children and spouses. If you receive SSI, the maximum federal payment will increase…
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Why Don’t More Children Receive Social Security Disability Benefits?

Most people consider the Social Security program as something that supports the elderly. Statistics prove this to be correct. According to the Social Security Administration, from the 62 million people that receive Social Security benefits right now, more than 43 million are retired workers. Children are also entitled to receive Social Security disability benefits under specific circumstances. The main reason that many people are unaware of children’s Social Security benefits is because very few children are eligible to receive them. In general, there are three ways that children can receive these benefits: If their parents are receiving retirement benefits from the program If one or both of their parents become disabled If a parent passes away (survivor benefits) In July 2018, about 1.87 million children of deceased employees received survivor benefits. About 1.51 million children of disabled workers received family disability benefits from the Social Security Administration this past July…
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Did You Know These Facts About Social Security Disability?

There are a lot of misconceptions out there about Social Security Disability. So, the Social Security Administration and disability attorneys all over the nation try to do their part to squash myths and rumors while informing the public of the facts. In that spirit, here are some details you may not have known about Social Security Disability. 3 Facts About Social Security Disability You May Not Have Known Where the Benefits Come From– Some would have you believe that the benefits from Social Security Disability are an entitlement handed out at the expense of the taxpayer, but that isn’t true. The benefits from the program are generated by the 12.4 percent payroll tax all working Americans pay. To qualify for benefits, you must have worked, and your survivors can only claim benefits based on your work. How Many People Are Covered– If you work, and have worked for the required…
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