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What else can I help you with?
How long it takes to qualify for raise social security disability?
The basic Federal payment is a standard amount for everyone. States may chip in a supplemental amount. Raises are determined by Congress and are not on a set schedule. If your circumstances change and deductions for other payments should no longer be taken, you should visit Social Security for an adjustment.
What will the social security raise be for 2012?
No. Congress recently announced there will be no cost of living adjustment (COLA) for Social Security benefits in 2011. Earn-income limits will remain at 2010 levels.
When would you see the raise in social security benefits?
At this time August 6 2010 no one would know when or what year that a COLA raise will added to the the social security benefit amounts that are currently being received in the year 2010. You could try using your own guess or crystal ball for this purpose.
Can you receive disability benefits if you are 62?
No, Social Security benefits continue unless you reenter the workforce and engage in Substantial Gainful Activity (SGA), which translates to earning more than an average of $1,000 per month for most disabilities or $1,640 per month for blindness. If you remain unemployed or employed below the level of SGA, disability benefits automatically convert to retirement benefits when you reach full retirement age (for people born before 1943, age 65; for people born between 1943 and 1954, age 66). Your benefit amount will usually remain the same, except for standard cost of living adjustments (COLA), but there will no longer be a limit on the amount of income you can earn.
When does social security cost of living raise go in effect?
= News Release = Monthly Social Security and Supplemental Security Income benefits for more than 55 million Americans will increase 5.8 percent in 2009, the Social Security Administration announced today. The 5.8 percent increase is the largest since 1982. Social Security and Supplemental Security Income benefits increase automatically each year based on the rise in the Bureau of Labor Statistics' Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), from the third quarter of the prior year to the corresponding period of the current year. This year's increase in the CPI-W was 5.8 percent. The 5.8 percent Cost-of-Living Adjustment (COLA) will begin with benefits that over 50 million Social Security beneficiaries receive in January 2009. Increased payments to more than 7 million Supplemental Security Income beneficiaries will begin on December 31. Some other changes that take effect in January of each year are based on the increase in average wages. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $106,800 from $102,000. Of the estimated 164 million workers who will pay Social Security taxes in 2009, about 11 million will pay higher taxes as a result of the increase in the taxable maximum. Information about Medicare changes for 2009 can be found at www.medicare.gov. http://www.ssa.gov/pressoffice/pr/2009cola-pr.htm
How much is a 5 percent raise of 12.30?
A 5 percent raise on $12.30 would be $0.62.
What happened in the 80s that caused an upheaval in the social security system?
In the 1980's there was an upheaval in the Social Security system in the United States because funds were actually dwindling. Laws were passed to tax Social Security benefits and actually raise the age of retirement.
Could a person with a mental disorder ride a motorcycle whilealso receiving social security disability?
Sure. Receiving Social Security Disability only means that one is unable to engage in "substantial gainful activity" on a full-time, or near full-time basis. There is no direct correlation between that and ability to ride a motorcycle. Now, if they were riding it on long trips on a repeated basis, that might raise some red flags, but nothing in the facts provided suggests anything inappropriate. On the other hand, if the mental disorder included symptoms like seizures, state law probably says they should not be riding or driving, but again, it has nothing to do with qualifying for SSDI.
What month do they figure the Social Security raise for seniors?
The Social Security cost of living adjustment (COLA) is calculated based on the cost of living index in July, August and September of the current year. The next year's increase (or lack thereof) is typically announced around October 15.
What is a 10 percent raise from a 26.00 an hour?
$28.60 an hour after the 10% raise.
What month is disability awareness month?
Disability Awareness Month is a national campaign that tries to raise awareness about disabled people who are employed. It is celebrated every October.
How much is a 3 percent raise on 12 dollars a hour?
$12.36 an hour after the raise.
