Social Security beneficiaries will receive a 5.9% increase in benefits in 2022, the biggest increase since 1982. Most retired workers will see an increase of $92 per month, bringing the average benefit among retirees to amount to $1,657 a month.…
Social Security scams and frauds are on the rise. The best defense is education and awareness. FEMA representatives will ask for social security and bank account numbers when you apply for assistance and may ask for it again after you…
To pay for those changes, the legislation calls for increasing Social Security taxes paid by higher-wage earners. In 2021, those taxes are capped at $142,800 in wages, and in 2022 that will rise to $147,000. This proposal reapplies taxes on…
Although it is not official, a new proposal involving Social Security could possibly be added to a list of Social Security changes coming in 2022. House lawmakers held a hearing to consider a new Social Security proposal on Tuesday, which…
Work credits are getting harder to earn and going into 2022 will prove quite a challenge for those seeking them. Social Security benefits aren’t given out automatically, they literally must be earned. A person needs to earn 40 work credits…
Looking closer at taxes going into 2022 it is evident that there are some changes on the horizon. The number have changed and it’s any Social Security disability applicant’s job to be ready to handle these changes and plan accordingly.…
Social Security can change from one year to the next which is why you will always find the most updated information on Social Security right here in this blog. Changes can easily be missed since Social Security changes won’t always…
Here are the answers from theinsurance company MassMutual’s Social Security knowledge quiz: If I take benefits before my full retirement age, they will be reduced for early filing. (T) If I am receiving benefits before my full retirement age and…
On July 26, President Biden announced that long COVID could soon qualify as a disability under the Americans with Disabilities Act (ADA). This new designation would allow people with long COVID to access federal resources and protections. What the ADA…
There is one good reason to keep with the original filing. That is that the day the filer files their initial claim is called their “protective filing date,” which allows them in some cases to claim back pay going back…