Just like most areas of law, the answer is that it depends…. For SSI benefits, (need based) you are eligible to receive payments the first full month following the month you applied.* That means if you apply in January 2015, it does not matter if … [Read more...]
SSDI/SSI Payment Amounts
The amount of your monthly benefit for SSDI is calculated just as your full retirement is. SSA takes 31 years of your highest earnings reported, averages them, and then gives you a percentage of that amount. The percentage changes based on your … [Read more...]
Retirement Age
By Jennifer Scherf The earliest age at which (reduced) Social Security retirement benefits are payable is 62. When you are eligible for full retirement benefits depends on what year you were born. People born before 1938 have what most consider … [Read more...]
Working While Applying For Disability Benefits
by Jennifer Scherf Many people believe that you cannot work if you are trying to get disability benefits. On the contrary, the Social Security Administration (SSA) encourages people to attempt to achieve gainful employment both during the … [Read more...]
Who Receives SSA Benefits?
By Jennifer Scherf Social Security was created by FDR in 1935 as a part of the New Deal plan. This program was created to assist aging workers in the post-depression-era economy. After many revisions, the original act has been expanded to include … [Read more...]
Taking Care Of Those You Love = Dependent Benefits
by Jennifer Scherf There are special rules and additional benefits paid to your family if you pass away, but this article deals only with benefits paid to your family while you are still living. A spouse/ex-spouse can earn one-half of what the … [Read more...]