Key Takeaway: Various types of cancers qualify for social security disability, including breast cancer, lung cancer, prostate cancer, colon and rectal cancer, skin cancer, leukemia, and lymphoma. Qualifying for social security disability requires meeting both medical and work requirements, which can be a detailed and complex process that may require legal help or consultation. Applicants…
Key Takeaway: Understand the reasons for appeal: Appeals may be necessary when benefits are denied or terminated. Understanding the specific reason for the appeal can help determine the appropriate course of action. Follow the steps to appeal: The appeal process includes four stages: reconsideration, hearing, appeals council review, and federal court review. It is important…
Key Takeaway: “Unfavorable” in Social Security means that the claim for benefits has been denied or dismissed due to lack of sufficient evidence, failure to meet eligibility requirements, or technical errors in application. It is important to understand the reasons for unfavorable decisions to determine the appropriate appeals process. This includes reconsideration, administrative law judge…
Key Takeaway: The establishment of Social Security was a response to the Great Depression: Franklin D. Roosevelt established Social Security in 1935 as part of his New Deal response to the economic crisis of the 1930s. Social Security aimed to provide economic security to Americans: The purpose of Social Security was to alleviate poverty and…
Key Takeaway: Your Social Security Number can be found on your Social Security card, tax documents, Medicare card, Social Security statement, or online Social Security account. When applying for a Social Security Number, you will need to provide specific documents and follow the application process. To protect your Social Security Number, it is important to…
Key Takeaway: To collect Social Security while living abroad, you must meet the eligibility requirement of working and paying into Social Security for at least 10 years. However, there are exceptions for certain countries with Social Security agreements with the US. There are limitations on Social Security benefits you can receive while living abroad, including…
Key Takeaway: Social Security Back Pay is a lump sum payment given to eligible individuals who experienced a delay in receiving Social Security benefits. It includes retroactive payments from the date of eligibility to the date of application. Eligibility for Social Security Back Pay is determined based on the date of onset of the disability…
Key Takeaways: Garnishment of Social Security benefits is possible, but the federal government limits the amount of benefits that can be garnished for most debts to 15% of the monthly benefit payment. There are legal protections in place to shield Social Security benefits from garnishment, including limits on garnishment amounts and certain types of income…
Key Takeaway: Ponzi schemes rely on continuously recruiting new investors to generate profits, while Social Security is funded through taxes on current workers and employers, ensuring a steady source of revenue. Unlike a Ponzi scheme, Social Security benefits are guaranteed by the federal government and backed by the full faith and credit of the United…
Key Takeaways: Eligibility for social security retirement benefits begins at age 62. However, the amount of benefits received will be reduced if claimed at this age. The amount of social security benefits is calculated based on an individual’s Average Indexed Monthly Earnings (AIME) and Primary Insurance Amount (PIA). Earnings beyond a certain limit can also…
Key Takeaways: Plasma centers need your Social Security number to identify donors and ensure the accuracy of donor records. Providing your Social Security number to a plasma center comes with privacy and security concerns, but measures are taken to protect personal information and avoid identity theft. Alternatives to providing your Social Security number include using…
Key Takeaway: Retirement: Social Security tax payments typically stop when you reach full retirement age, which varies based on your birth year. At this point, you may receive Social Security benefits instead of paying into the system. Disability or Death: If you become disabled or pass away before reaching retirement age, Social Security tax payments…