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Re: Share your concerns about Social Security

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Message 51 of 322

@dc51234209 wrote:
I heard disablity will be cut by 19% in October 2016. Is this true? How does a person survive on even less?

The (2) year budget deal approved by bipartisan action in the senate at the end of 2015 fixed the problems for now but did nothing to fix both programs - OASI and SSDI - for the long term.

The Hill 10/26/2015 Budget Deal Includes Social Secrity, Medicare Reforms

 

The amount a beneficiary receives either from OASI or SSDI is based on their own work record,

figured In a more progressive fashion with lower income people getting more bang for their working years earned income as used in the benefits formula.

 


* * * * It's Always Something . . . Roseanne Roseannadanna
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Re: Share your concerns about Social Security

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Message 52 of 322
I heard disablity will be cut by 19% in October 2016. Is this true? How does a person survive on even less?
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Re: Share your concerns about Social Security

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Message 53 of 322

Relax.   Despite what you may have heard the Sky Is Not Falling.

 

Read this and you will no doubt sleep better tonite. 

 

http://www.snopes.com/social-security-changes-may-2016/

 

(Hope you were not one of the ones mentioned who shelled out good money for fake and alarmist "newsletters" to protect yourself from the Coming "Financial Ruin"  ) 

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Re: Share your concerns about Social Security

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Message 54 of 322
Can anyone break down and explain the changes for 2016 that Congress passed and will be effective May 1st? It's very confusing. Does anyone understand this help? How does it affect a person at age 65? How does it affect a person at 866? How does it affect people on SSDI? Will our benefits drop?
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Re: Share your concerns about Social Security

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Message 55 of 322
It is the congress who is at fault, they can't get any business done as they are too busy blocking everything. I do not blame it on the President, he only signs the bills, not makes them.
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Re: Share your concerns about Social Security

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Message 56 of 322

donpatters wrote:

NO COLA FOR THE THIRD TIME DURING THE PRESIDENCY OF THE ONE WHO IS SITTING IN THE OVAL OFFICE NOW - WITH HIS FEET UP ON OUR DESK !!   Vote very carefully in November, Seniors !


   The president has nothing to do with the COLA. Please be very carefully informed, seniors.


"...Why is everyone a victim? Take personal responsibility for your life..."
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Re: Share your concerns about Social Security

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Message 57 of 322

NO COLA FOR THE THIRD TIME DURING THE PRESIDENCY OF THE ONE WHO IS SITTING IN THE OVAL OFFICE NOW - WITH HIS FEET UP ON OUR DESK !!   Vote very carefully in November, Seniors !

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Re: Share your fears about Social Security

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Message 58 of 322

ds11972849 wrote:

"...I heard some money saving loopholes will be closed at the end of this April in social securiy that could get seniors more money and benefits.I wonder if this is true and if I'm eligible....".


  Here's a link:   Your Money: The End of Social Security Loopholes: What ...


"...Why is everyone a victim? Take personal responsibility for your life..."
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Re: Share your fears about Social Security

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Message 59 of 322

I heard some money saving loopholes will be closed at the end of this April in social securiy that could get seniors more money and benefits.I wonder if this is true and if I'm eligible.

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Re: Share your concerns about Social Security

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Message 60 of 322

Are you under age 60? 

 

If you are age 60 or older,  you can re-marry,  and not lose your survivor's benefits from your deceased spouse.

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