If you get married, your SSI could be reduced if your spouse is working.
Military service members abide by many of the same rules as civilians when it comes to Social Security bar a few key differences. Certain military members may be entitled to extra earnings credits on their record while others may not. It’s important to consult a qualified Social Security claims attorney to ensure you’re getting all that’s owed to you.
Lowering your Social Security taxes can be as simple as putting money into a tax-deferred account where income doesn’t have to be drawn right away. There are options where that becomes more complicated depending on where you’re at on the Social Security income threshold.
Social Security benefits are taxed in specific situations. The income thresholds are fairly uniform, except in the case of Supplemental Security Income (SSI), which is non-taxable since it is a need-based program.
Although SSI funds technically have no limit to what they can be used for, there is a meticulous records process involved. This matters especially for Representative Payees, who have to manage and allocate funds on behalf of a named beneficiary.
The main thing to note for 2021 Social Security benefits changes is the 1.3% COLA adjustment to reflect the increase in the cost of living nationally. Retired workers can expect to receive $20 more per month while disabled workers can expect a $16 per month increase.
The State Supplement Program is exactly as it sounds for Supplemental Security Income recipients. It offers a small, additional supplemental to monthly SSI payments and it does differ by state. Washington and Idaho have different payout amounts.
In many cases, retired and honorably discharged members of the military can concurrently receive Social Security and military disability benefits. The process can be a bit tedious and complex and Schott Law can help with the minutiae should your initial application be denied.
The Social Security claims appeals process is lengthy and time-consuming, but that doesn’t mean you shouldn’t begin an appeal if you feel you have a case. It’s important to consult a qualified Social Security claims attorney to see which options may be open to you.
Children with autism or those who are on the autism spectrum can qualify for Supplemental Security Income if they meet certain income and symptom requirements. Among them are certain inabilities related to speech, behavior, concentration and more.