Social Security Increase for 2022 Will Be 5.9%
For months, it has been rumored that Social Security could be on the verge of its larges cost of living adjustment (COLA) in years. On Wednesday, that proved true as the Social Security Administration (SSA) announced a 5.9% increase in the COLA for 2022. This amount marks the most significant increase since 1982. Why Did… Read more
Is It Better to Retire or Go on Disability?
Social Security Disability (SSDI) benefits exist essentially as an early retirement plan for those unable to work due to illness or injury. These individuals haven’t reached full retirement age, but they are no longer able to work due to their condition. Therefore, they need a source of income to bridge the gap between now and… Read more
What is Social Security Disability Benefits Fraud?
In the United States, over 8 million people receive social security disability benefits (SSDI). Individuals who receive benefits due to a disability account for about 13% of the total benefits paid from the Social Security Administration (SSA). While an extremely high percentage of benefits paid are legitimately for individuals who need them, there are cases… Read more
2022 Social Security Checks Likely to See Biggest Increase in Decades
The cost associated with daily living increases every year due to inflation. This typically creates adjustments to otherwise static payments, including social security disability benefits payments. In 2022, it is expected that the dollar amount of the monthly checks could see their most significant increase in decades. 2022 Social Security Disability Check Amounts Individuals who… Read more
Does Having Long COVID Qualify Me for SSDI?
If there’s anything that the COVID-19 pandemic has taught us, it’s that we can’t accurately predict the future. Just when the country appeared to be easing out of the pandemic, the Delta variant has brought the virus back to the forefront. But for many Americans, COVID never did wane. For a small percentage of the… Read more
Conditions that Qualify for Disability in Wisconsin
Being unable to work due to a physical or mental limitation makes life even more difficult than it has to be. It’s one thing to be limited due to an injury or something else, but losing income that you and your family rely on puts a severe strain on everyone. Social security disability benefits (SSDI)… Read more
What is the Lowest SSDI Payment?
If you don’t have an extended work history, you may be concerned if you will be eligible for benefits should you become disabled. It is true that the amount that someone who is approved for benefits can expect to receive per month is directly related to their work history. Contrary to what many people believe,… Read more
Will Social Security Disability Benefits Increase in 2022?
For someone receiving social security disability (SSDI) benefits, every dollar received monthly matters. Disability benefits exist to help those who cannot work a regular job provide for their daily, weekly, monthly needs – in addition to the needs of their families. It is nearly impossible to increase the general percentage for benefits you are receiving,… Read more
Can You Go on Disability for Anxiety?
An alarming number of Americans suffer from anxiety – many of them dealing with it in private. Anxiety affects 40 million adults in the United States, equating to approximately 18% of the population. For many, anxiety can affect their daily lives by making it harder to do even elemental tasks. This may also include essential… Read more