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Posts Tagged ‘SSD’

Social Security Disability Claims Rising Means We’re All in Trouble

The Congressional Budget Office says we’re in trouble: Social Security is becoming as dependable as Velcro holding up the Empire State Building.  Social Security spending is going to double over the next decade with social security disability appeals rising sky high. Planning to retire?  Looks like you’re screwed and unglued.  Unless the federal government gets…

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What Can Be Done to Salvage Social Security Insurance and Medicare?

Even though attempts at defunding Obamacare have failed, the opposition is now setting its sights on Social Security and Medicare.  How can this be prevented? President Obama’s 2014 budget involves drastic cuts to Social Security and Medicare that could leave the elderly, retirees, and the disabled in despair.  This move now has him working side-by-side…

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Social Security’s Complexities

How much do you actually know about Social Security? Did you know that isn’t just for retired folks?  SS has three principle programs – retirement (which we’re all aware of), Disability Insurance (for those who can’t work because of either work-related injuries or because of birth defects) and Supplemental Security Income (for low-income US citizens).…

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Social Security Disability Insurance in the Red

Social Security Disability Insurance faces a major crisis: funds are depleting and cuts have to be made. The growth of SSDI was not an over night thing.  It’s been increasing for decades now.  Only now is when anyone has been taking notice.  But is it too late? Unemployment issues have also seen an increase in…

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What Does Obamacare Offer Retirees?

Senior Citizens – and many retirees already benefiting from Social Security Retirement – come October 1st will be quickly enrolling for Medicare. But, hey, what happens if you’re already a retiree on Medicare?  What does the Affordable Care Act, also known as Obamacare, mean to you?  Matthew Eyles, executive vice president of a healthcare consulting…

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Social Security Disability Insurance Runs Out in 2016

2035 is the year officials have targeted as the end of Social Security.  This means that it’s time for decisions to be made. But 2016 is the year they have to set their eyes on and quick: Social Security Disability Insurance is in the red.  Both SSDI and Old-Age & Survivors (OAS) share a funding…

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Social Security Scam in Puerto Rico Jails 70+

A two-year fraud investigation has turned up with results: over 70 people in Puerto Rico have been busted for distributing fake Social Security disability payments. Among the perpetrators are three doctors, an ex Social Security Admin employee and seventy-one people who made phony medical claims.  More than $2 million dollars is what these folks will…

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Social Security Disability Insurance Depleting

The Social Security retirement fund is drying like a once-flourishing well.  By 2035 in order for folks to see some sort of pension, benefits have to be sliced.  But just a few years from now… 2016, to be exact… congress needs to start taking a look at Social Security Disability Insurance (SSDI). If you’ve lost…

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Why Social Security Issues Must be Remedied

Yeah, we need to fix our Social Security system.  There are millions of reasons why, but, hey, you know what the top three most important are? Well, for one, Social Security is broke and it’s no joke.  The way things are going SS is dishing out more in benefits than they are bringing in via…

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Deficit War = Social Security Checks in Limbo

Turmoil strikes. According to President Obama Social Security checks may not reach pertaining retirees on August 3rd if Democrats and Republicans can’t kiss and make-up on deficit stance. Obama states, “I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money…

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