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Social Security and Economic Impact Payments

On March 25, 2021, the Commision of Social Security, Andrew Saul, issued an update regarding Social Security's processing of Economic Impact Payments under the American Rescue Plan Act, or ARP.

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What is an ABLE Account?

In December 2014, the ABLE Act was passed which allows certain people with disabilities the ability to create a tax-free savings and investment account while receiving SSI benefits or Medicaid. Both SSI and Medicaid have income and resource limits, which you can check out in my prior blog, that would preclude people from having savings over $2,000.00 for a single person or $3,000.00 for a married couple.

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How Can I Be Eligible for SSI but Not SSD?

I have had many clients ask me why they would be potentially eligible for SSI benefits but not for SSD benefits. The answer to these questions requires a quick look at the two separate Social Security Disability programs.

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What SSI Recipients Need to Know About Stimulus Checks

If you are receiving SSI benefits, then the Coronavirus Aid, Relief, and Economic Act (or CARES), entitles you to a stimulus check.

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Five Important Facts About Social Security Benefits

Fact #1: Social Security is more than a retirement program. In June of 2019, statistics reveal that 1 in 6 U.S. Residents collected Social Security benefits, which includes retirement benefits, disability benefits, and young survivors of deceased parents benefits.

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Why is My Social Security Disability Case Taking so Long?

Why is there so much difference in processing times between different claims? In this blog, I will explore that issue and explain the Social Security Disability/SSI process.

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Three Biggest Issues Facing Social Security

Social Security pays out benefits to roughly 60.5 million people each month. According to the latest Trustee Report. the OASDI fund which funds Old Age (retirement), Survivors, and Disability benefits is slated to run out of money in 2034.

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Latest on Social Security Benefits and Coronavirus Stimulus Checks

The Government is allegedly considering a new proposal that would allow Amercians to take a potential advance on their Social Security benefits. While this is only in the exploratory stage, the plan calls for Amercians to be allowed to choose to receive a check up to $5,000.00 in exchange for delaying their Social Security benefits.

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The Financial Outlook for the Social Security Disability Program

The Social Security Disability program (DI) is funded by a trust fund that is often times looked at in conjunction with another trust fund established by Social Security for Old Age, and Survivor's benefits (OASI).

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Do I Qualify?

The Social Security Administration follows strict guidelines when determining whether or not an individual is considered “disabled” and can, therefore, receive benefits. This is why it’s to your advantage to have a lawyer on your side who can help you to navigate the process.

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