Financial Literacy Month: Protecting your Social Security benefits
The nationwide rise in inflation has caused many individuals and families to seek ways to stretch their dollars and protect their finances. With costs soaring, individuals depending on Social Security are worried about their benefits and the risk of being sent to a...
Social Security update: Budget expected to fall short in 2023, while hope remains for 2024
Last month, Dr. Kilolo Kijakazi, Acting Commissioner of the Social Security Administration, issued a statement to the Chair of the Senate Appropriations Committee in conjunction with the Administration’s 2023 Operating Plan. The Operating Plan summarizes the...
Behind the scenes at Social Security – The journey of SSDI applications today
When an SSDI application is filed, a comprehensive claim review process begins to determine if the applicant will be awarded Social Security disability insurance (SSDI) benefits or if the claim will be denied. While the claim review process has not changed in many...
The solvency of the Social Security trust funds and the impact on benefits
With more than 65 million Americans receiving monthly benefits from the Social Security Administration (SSA), the Social Security program provides crucial income protection for retirees, disabled workers, and widow(er)s across the United States. Despite the importance...