Blog Civil And Criminal Justice 21For more information about town hall meetings near you during next week's recess, click HERE. You can also call the local offices of your Members of Congress to request information about upcoming town halls. For contact information, click HERE..You can work while you receive Social Security benefits. When you do, your benefits may be reduced if you earn more than certain limits. But after you reach full retirement age, the Social Security Administration recalculates your benefits and it will be increased to account for the benefits withheld due to excess earnings. The work you do now could mean a higher benefit for you in the future, and that will be important in helping you to afford health care and other big cost increases later on..Never allow anyone into your home to check electrical wiring, natural gas pipes or appliances unless you have scheduled an appointment or have reported a utility problem. Also, ask utility employees for proper identification. … Continued
Blog Covid 19 Contributes To More Than Weird DreamsSince you have not reached your full retirement age, you are subject to the Social Security "earnings test" if you work and collect benefits at the same time. Social Security recipients are required to report earnings if you collect benefits. But if you are like many others, when you reported your modest earnings, a Social Security staffer may have told you, "Don't worry, Social Security will automatically recalculate your benefits.".According to the Congressional Budget Office, a growing share of the government's spending for Social Security is going to pay for disability benefits.[iii] Between 1990 and 2012, the ratio of disabled recipients to retirees changed dramatically, increasing 112.5%, from 3.2 to 6.7 beneficiaries per 100 covered workers.[iv] In testimony to the House Subcommittee on Social Security, the Congressional Budget Office said that legislation enacted in 1984 expanded the ways in which people could qualify for the DI program, which included allowing symptoms of mental illness and pain to be considered even in the absence of clear - cut medical diagnosis. In addition, disabled beneficiaries also receive coverage under Medicare, regardless of age, after a 24 - month waiting period..If you're like most Medicare beneficiaries, you rarely make changes to your health or drug plans, but this is one of the biggest financial mistakes you can make in retirement. Insurers make numerous changes to drug and health plans that increase your out–of–pocket costs every year. Your health changes, and the plans that once were your best deal, may be full of high cost surprises now. Every year new plans, even new plans offered by your current insurer, compete for your business by offering similar or better coverage, for lower costs. Comparing your Medicare plan coverage every year and making changes when it's in your best interest, is one of the most important financial habits to get into. … Continued
