The Social Security Administration (SSA) has officially released its annual cost-of-living adjustment (COLA) figures for 2025. These numbers will have an impact on monthly Social Security benefits payouts for retirees and the amounts paid out to recipients of Social Security disability…
SOCIAL SECURITY 2025 UPDATE SSI FOR NYS RESIDENTS Individual $1,054/month Couple $1,554/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $176,100 QUARTER OF COVERAGE Earnings Required $1,810/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,620 Blind $2,700…
In recent years, the number of for-profit companies preying on people with disabilities and veterans applying for state and federal government benefits has surged. These entities exploit the complexities of the benefits system, often leaving the most vulnerable members of…
A free and secure online account can be used to manage Social Security benefits. Account users can check their application status, request a replacement Social Security card, and view notices online. However, on July 12, 2024, the SSA announced that…
Kelly is 24 years old. He is on the autism spectrum and is receiving SSI. He is doing his best to be independent, but the monthly stipend is limited and it is difficult to live on his own with minimal…
When loved ones pass away, there are lots of considerations, including what happens to their Social Security. The decedent’s payments need to be stopped, but survivor benefits may be available to the surviving spouse, surviving divorced spouse unmarried child/children, or even dependent…
When Social Security was first created in 1935, it wasn’t meant to be a primary source of income for retirees. Rather, it sought to provide an umbrella of protection for people who couldn’t save enough for retirement. Most Americans didn’t…
In 2023, recipients of Social Security benefits saw the biggest increase in decades in their monthly checks. Although their payouts will indeed rise again in 2024, the cost-of-living adjustment (COLA) will be more modest – just 3.2 percent, versus the nearly…
The Compassionate Allowances program helps the Social Security Administration (SSA) identify people living with rare and serious medical conditions that render patients disabled. According to SSA Acting Commissioner Kilolo Kijakazi, the Compassionate Allowances program is the SSA’s way of “reducing barriers…
SOCIAL SECURITY 2024 UPDATE SSI FOR NYS RESIDENTS Individual $1,030/month Couple $1,519/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $168,600 QUARTER OF COVERAGE Earnings Required $1,730/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,550 Blind $2,590…