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…
** This article has been revised from its original version which was published on Octubre 3, 2013 How do you get the Social Security Administration (SSA) to listen to you when you act on behalf of a loved one? Good…
As we welcome the New Year, we would like to remind you about the many services and practice areas available at Russo Law Group, P.C. Whether you have been a part of Team Russo for years or recently became a…
SOCIAL SECURITY 2023 UPDATE SSI FOR NYS RESIDENTS Individual $1,001/month Couple $1,475/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $160,200 QUARTER OF COVERAGE Earnings Required $1,640/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,470 Blind $2,460...
La ley de la Seguridad Social y los requisitos de las prestaciones pueden ser muy confusos. Muchas personas creen erróneamente que el SSI y el SSDI son lo mismo. Este artículo aclarará las principales diferencias entre estos dos programas distintos. Un abogado de...
** Este artículo ha sido revisado desde su versión original que fue publicada el 9 de julio de 2018 Un número de identificación de fideicomiso identifica un fideicomiso, como cualquier otra entidad legal, a efectos fiscales. Se necesita un número de identificación de fideicomiso para...
SOCIAL SECURITY 2022 UPDATE SSI FOR NYS RESIDENTS Individual $928/month Couple $1,365/month MAXIMUM TAXABLE EARNINGS Social Security (OASDI only) $147,000 QUARTER OF COVERAGE Earnings Required $1,510/quarter SOCIAL SECURITY DISABILITY THRESHOLD Substantial Gainful Activity (SGA) Non-Blind $1,350 Blind $2,260…