Category Archives: Social Security

Social Security Number Verification: A Crucial Tool for Protecting Your Business

February 20, 2012

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Article by Christy Belden The Federal Social Security Act was instituted in 1936 as part of the New Deal. The system of numbers was originally intended as a way to track workersâ?? income, but since the programâ??s inception, Social Security numbers have developed into a widespread identification system for most Americans. Social Security numbers are used to identify taxpayers, keep records of federal- and state-paid unemployment benefits, and track what has previously been termed as â??old-age assistance benefits.â?? Today, Social [...]

Social Security Disability Insurance Advocate

February 5, 2012

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In order to qualify for Social Security Disability, you must have a certain medical condition that will prevent you from having a normal Substantially Gainful Activity (SGA) and you must meet the all the required work history and other requirements set by the SSA. When you submit your initial application there is usually a 3 to 6 month waiting period in which approximately 35% of all applicants are approved nationally. If you need help with this process there are many [...]

Is Social Security Fully Funded?

January 26, 2012

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MoveOn.org, a group allied with the “Strengthen Social Security” coalition, calls for the halt of future reforms to the Social Security program. It states that these proposed reforms are unnecessary as it deems the program to be fully-funded in Treasury bonds, although it also released a statement quoting that after 2037, the retirement system will only be able to pay out an estimated 75% in benefits as opposed to full payment of expected benefits. The faulty logic rests with the [...]

Social Security Disability – Important Questions And Answers

December 7, 2011

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Article by Donald Coggan If you’re thinking of applying for Social Security disability benefits, you probably have a lot of questions. And there’s a lot to know. How does Social Security decide if you are disabled? How long will it take before you get an answer? What services are available online? And the list goes on. If you have a disability, the best thing you can do before applying for social security disability benefits is to learn as much as [...]

Reminiscing the Social Security Law in the US

November 17, 2011

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Article by Jamil Estorninos It is the Great Depression of the ’30s that necessitates the creation of a Social Security program in the US. Poverty reaches its highest peak among older citizens that time and something has to be done. The Social Security Act, which is considered the first Social Security law, was drafted under the administration of President Roosevelt. It was signed into law on 14 August 1935. The act addresses many issues, amongst which includes: * Old age* [...]