The SSA has a page dedicated to the update of COVID-19 economic impact payment and what that means for social security recipients. In it, they have an updated Economic Impact Payments (PDF) that outlines commonly asked questions. To help SSDI and SSI recipients with this PDF, DSS has created this easy to use infographic. It is a flow chart that outlines what to expect. Keep scrolling to see additional information.
Read more →Roughly 10,000 baby boomers reach retirement age each day, which is above the U.S. average. If you are retired or you’re counting the days when you leave your full-time job, Social Security should be your biggest concern. It’s a fundamental part of your retirement income. As a result, it’s important to stay up to date on the COLA for the year 2020. However, before we dive into details, let’s find out what COLA entails.
Read more →61 million Americans currently collect monthly benefits from Social Security. This program helps provide financial security for retirees and people with disabilities. It also supplies benefits for families of retired, disabled and deceased workers. If you’ve been injured or have a debilitating medical condition and can no longer work, Social Security disability benefits can help you make ends meet. If you think you or a loved one may qualify for Social Security disability benefits, there are some things you should know. Read on for a few key facts about the program.
Read more →Can My Social Security Benefits Be Garnished? Once you go through the arduous process of applying and being granted Social Security benefits, if you owe debts, unfortunately, your benefits may be garnished by collectors. While banks and other financial creditors can’t touch your Social Security benefits, the
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