Medicare Expansion It is important to stress that many social security disability claims are denied because of inadequate medical records and other information related to medical records such as Medicare enrollment. How will the new president effect Medicare and how…
Biden also proposes several changes that I’d group together under the category of longevity insurance, with a goal of boosting benefits for older beneficiaries. This can be significant for clients who run the risk of running out of savings if…
Personal COLA Notices Are Now Viewable Online Starting this year, COLA notices will be able to be accessed online Probably the biggest change in the world of Social Security comes in the form of Internet access. In 2019 Social…
Social Security Disability Benefits Increased A slight increase in SSDI benefits in 2019 compared to 2018 Depending on the disability, the increase amount varies Currently there are about 10 million Americans receiving Social Security disability benefits. It’s expected that those…
An Increase In Earnings Limits In 2018 the earnings limit for Social Security was $17,040 In 2019 the earnings limit for Social Security is now $17,640 Many aren’t aware of the fact that it is possible to collect Social…
Full Retirement Age Continues to Rise Full retirement age is 66 and four months in 2018 There has been a two month increase to the retirement age in 2019 There are penalties for claiming early There are bonuses for claiming…
Taxable Earnings Have Risen to $132,900 $4,500 Increase In Earnings Cap Rate Is The Same (6.2%) One huge difference in social security for 2019 has been taxable earnings. This difference, all not seemingly much, could be detrimental to those who…
A 2.8% Increase Cost-of-Living Adjustment (COLA) Social Security Recipient Receive Largest Increase Since 2012 2.8% Increase Average of $39 per month increase to each recipient $1,422 in 2018 to $1,461 in 2019 For 2019, more than 67 million Social Security…