SOCIAL SECURITY SYSTEM
The social security system in United State is a social welfare and insurance program for the old age, disabled, and survivors. Living on Social Security whether disabled, retired, or early retirement comes with a lot of questions. This includes;
– How do I get approved for SSI, SSDI?
– How to retire early
– What are retirement ages?
– When do I qualify for Medicare and Medicaid?
– What are the social security guidelines?
– Can I work?
– Can I lose my benefits?
– Important facts to remember while applying for a US Green Card
What most people don’t know is that social security has a support system to help you work with no risk of losing your benefits. Much of this information can be found in the social security Redbook or you can call the SS Administration directly. But , quite frankly, it can be very difficult to understand. The website itself is difficult to navigate.
Living on the Social Security System in USA is designed to educate you in an easy and understandable format. The goal is to give you all the information necessary to not only assist you with the guidelines but enable you to get the most out of programs and discounts specifically offered to seniors and the disabled.
There are a lot of benefits attached to this program, all social security benefits allow recipients to work and offer employment supports to assist you in becoming self sufficient. The Social Security System benefits are broken down into four areas, namely;
Retirement, Early Retirement, Disability, Survivors. Each has it’s own guidelines which cover: Retirement Ages, Qualifying for Benefits, Wage, Limits while Working, Employment Supports.
Social Security Benefits
– SSDI (Social Security Disability Insurance) is a federal Social Security disability insurance program designed for individuals who have worked enough to earn sufficient work credits. In this type of benefit, the monthly pay are usually based on the individual’s earning record which is available with the Social Security Administration.
– SSI (Supplemental Security Income) is another federal financial assistance program which provides payments to individuals on monthly basis who have either never been a worker or have insufficient work credits on their earnings record to qualify for SSDI. Individuals in this situation are typically expected to have some assets and financial resources that do not exceed $2,000.
Some people may qualify to receive both SSI and SSDI. This will be determined by the social security administration once applied. Know that Social Security Disability Income and Supplemental Social Security Income are meant for people with disabilities.
– Social Security Retirement is for people who retire at age 65 or take early retirement starting at age 62. The amount of social security you receive will depend on how much income you have made over your work history.
– Social Security Survivors is another type of benefits meant for the widows or widowers who are taking care of their children that are below the age 16 or that are disabled or children that are less than 18 in age or maybe age 19 if they are attending school.
It is known that Social security benefits also can be paid to adopted children, step grand children, grandchildren, or step children and also the amount of social security income is based on the income history of the individual precisely the spouse. Always take time to review the benefits and know what is best for you before starting your application.
If you have any other questions about the social security system in United State please contact our support