Social Security Benefits

Who can get SSI and when?

2020-05-26T16:34:38+00:00May 26th, 2020|Social Security Benefits, SSI|

Supplemental Security Income (SSI) is a Federal earnings supplement program funded by basic tax incomes. Both adults and children can be eligible for this federal program if they meet the definition of disabled and have limited income and resources. It is designed to help aged, blind, and disabled individuals with little or no income. It offers cash to satisfy essential requirements for food, clothes, and shelter. Child Definition Under Social Security definition, a child is counted handicapped if the child's physical or psychological problems(s) is so extreme that it leads [...]

Social Security Benefits, what you should know.

2020-04-16T23:05:37+00:00April 16th, 2020|Social Security Benefits|

The United States Social Security Administration (SSA) is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability, and survivors benefits. Social Security is financed through a dedicated payroll tax. Employers and workers each pay 6.2% of wages up to the assessable limit of $137,700 (in 2020), while the independently employed people pay 12.4 %. You are contributing to the Social Security fund over a lifetime of work.  You receive "credits" toward your Social Security while you work and pay [...]