It is possible to start collecting Social Security once you turn 62, which is a great source of guaranteed income in retirement. However, at age 62, you may not be ready to give up your career altogether. Is it possible to work and collect Social Security at the same time? The short answer is yes,…
Getting a Social Security number for your new child may be one of the last things you want to do when welcoming your baby into your family. We’ve made it easy for you. Prior to leaving the hospital, you can apply for your child’s Social Security number in the hospital. Can I Get My Baby…
According to the Centers for Disease Control and Prevention (CDC), 61 million Americans are disabled. Social Security Disability Insurance (SSDI) is a necessary lifeline for many. The possibility of increasing your SSDI benefits might be appealing to you if you currently receive benefits. In the event of a change in your life circumstances, you may…
The Social Security Administration’s (SSA’s) award letter confirms that you are eligible for benefits. Benefit letters are sometimes called award letters. An award letter from Social Security is usually sent to people who have applied for disability benefits and other programs. It can be relatively straightforward to apply for an award letter, but it is…
Among the benefits provided by Social Security, one that is less well-known is the special minimum benefit, which is designed for individuals with a long history of low earnings. Low-income earners can make better decisions about their retirement income if they understand the Social Security special minimum benefit. A detailed description of the special minimum…
Food stamps are available to seniors and those receiving Social Security. For adults who are over 60 or have a disability, two conditions must be met. You must have a net income that’s at or below the federal poverty line (FPL) – which varies from state to state. Second, you must have assets that are…
As part of its disability review process, the Social Security Administration (SSA) determines whether you have a permanent medically determinable physical or mental impairment that limits your ability to work full-time. Applicants for benefits must provide basic information about themselves (including names, dates of birth, and SS numbers), their work history (the jobs they held…
The feelings of sadness and grief a child feels after losing their mother or father can be an unbearable burden to carry. Due to the impact the loss has on your household’s finances, you may be experiencing significant stress in addition to your grief. It may be difficult during this time to find financial resources…
A large part of Americans’ retirement plans has been shaped by the provisions of the Social Security Act, which was signed into law by President Roosevelt in 1935. The Social Security Act was designed to offer income to retirees 65 and older. “This law should be a measure of protection against the loss of a…
If you’re looking for ways to save on your Medicare costs, you may have heard about the Medicare give-back benefit, which returns $144 a month to your Social Security check. Understanding how this extra cash works and whether you qualify can be tricky, but it can make a big difference. We’ll cover everything you need…
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