Social Security – Did You Know These Facts?

The second, Supplemental Security Income, or SSI, is for disabled individuals, whether have got worked not really. Rejections are routine in Social Security Benefit cases. In one reality, our retiree files for Social Security at age 62.
Social security is a social program designed to create a safety net for older Americans who have insufficient retirement income. There are questions about the future of the program from a financial perspective. This, of course, raises the question of whether you should count on the benefits paid by it as part of your retirement planning.

I personally think that Social Security will be around for a long time. I’m not sure what the government will do about its current financial deficit and paying for all of the people retiring. I do have faith that something will be figured out, no matter how old you are today, that you too should be able to receive Social Security benefits. I can only imagine what would happen to some of the politicians who might vote against the S.S.I program. This will probably not go over so well with many Americans.

Under federal law, efforts to collect defaulted student loans had a 10 year limit. Put another way, the federal government was barred from hunting down delinquent payers after ten years. In the past few years, however, Congress did away with this limitation, which brought forth a conflict of law. The Social Security Act contains language protecting benefits from being seized as part of debt actions. In this case, the Supreme Court ruled that such protections only apply to private individuals, not the federal government. In short, social security benefits are no longer safe.

The first Social Security number was officially issued to a John David Sweeney, age 23. Mr. Sweeney died at 61 in 1974 and never collected a dime. His number was 055-09-0001. Grace D. Owen, of Concord, NH got 001-01-0001. Ernest Ackerman first to receive a one-time lump sum of 17 cents in 1937. Ida May Fuller was the first to get monthly benefits, She paid in $24.75, her first check was $22.54, went on collecting for 35 years, a total of $22,888.92 until she died at age 100 in 1975. On October 15th, 2007, the first of the baby boomers applied for Social Security. Kathy Casey-Kirschling turns 62 on January 1st, 2008.

The other way, is a newer fast version of the traditional method. If you are browsing websites for payday loan garnish social security you will find hundreds among which is nearme loans. You log into your internet account go online and start to apply for your service via the payday loan garnish social security security website. There are a whole lot of tools that you can use, that will make the administration process easier for you, so make sure that you read as many of the documents on their site.

True, you don’t always get as much if you were working, but let’s look closer. You get a check every month, you can have medical benefits covering everything, you can apply for food stamps, and you do have the opportunity to slowly start working if you want. If you get $600 per month, never have to pay for your medicine, and never have to buy food because of food stamps, that’s not poverty. And if you want to try working again, you can ease into it without losing most of your money, but more importantly, your medical coverage.

When recreating your work history you will need to remember your supervisor for each job, as well as the job you did for each position. You will need to know how much you walked, the weight you had to carry and how far you carried it. The percentage of bending, kneeling, crawling and working with your hands over your head. You will also need to know if you had any accidents at each job.

The Social Security disability process can be a long and tedious one. On average, an initial claim takes 4-6 months to process. And, if you’re rejected and have to go through the entire appeals process, your case could drag on for as long as a year and half.

Social Security was created by the Social Security Act of 1935 in the midst of the Great Depression to provide for retired workers who had lost their life savings. It did that, and since has become one of the most relied on government programs. Many economists think future retirees may be even more dependent on Social Security because of the disappearance of traditional pensions. Social Security provides a safety net so that no matter how fortunate or unfortunate Americans are in their lives and choices, they will not be destitute when they retire. A few thoughtful changes now will insure that SS will be around when those who are now babies reach retirement age.