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Most people are aware that the longer someone waits to start collecting Social Security benefits the higher their month payment will be. The age where a beneficiary collects the highest monthly amount is 70 after 70 there is no incentive to continue to wait to receive benefits because the amount will never increase above the… Read more »

For years Social Security recipients have seen modest increases in benefits based on cost-of-living-adjustment (COLA) increases and some years recipients received no increase in benefits, but that is expected to change in 2022. In a recent story posted by CNBC it was reported that beneficiaries could see a 6.1 percent increase in benefits for 2022…. Read more »

The U.S. House Appropriations Committee released a report on future funding for Social Security which includes administrative funding, but also recommendations that the Committee is issuing to Social Security. This report indicates the Committee has all intentions of providing Social Security with crucial funding, but it is important to note that the full committee has… Read more »

After President Joe Biden fired Social Security Commissioner Andrew Saul July 9, 2021 Saul told news outlets he was not leaving and planned to work remotely on Monday, July 12, but that did not work out how Saul planned. In a story posted by CNN, it was reported that they agency was taking steps to… Read more »

During the presidential campaign of 2020 President Joe Biden backed a plan that would increase Social Security benefits by increasing Social Security taxes on individuals who earn more than $400,000, but since becoming president Biden has not addressed the plan and that could change later this year. Biden’s first priority, and rightfully so, was the… Read more »

After firing Andrew Saul as Social Security’s commissioner President Joe Biden chose 40-year-old Kilolo Kijakazi as the new acting commissioner for Social Security. Kijakazi left the Urban Institute in January 2021 to take a position at Social Security where she served as the deputy commissioner for retirement and disability policy. Below is a biography from… Read more »

Another member of Congress, U.S. Rep. Jared Golden, D-Maine has called for Social Security to open up offices to the public again and the same sentiment is growing louder from others as federal agencies have moved at a snail’s pace in developing plans of bringing employees back to work. Social Security offices have remained mostly… Read more »

There is much discussion about Administrative Law Judges (ALJs) and hearings to determine whether a Social Security disability claimant is disabled and entitled to benefits, but before a claimant ends up at a hearing they would have been denied on their claim previously by Disability Determination Services (DDS). This agency, which is state based, but… Read more »

It should be no news to anyone that Social Security is suffering from a funding crisis and has been for decades. Social Security’s ability to meet 100 percent of benefit obligations is in jeopardy sometime after the next 10 years and experts have thrown out proposals to try and solve the problem. One proposed solution… Read more »

In a recent report of Social Security’s upcoming budget priorities the agency contends that it worked “aggressively to procure equipment to overcome supply change issues to obtain additional hardware employees needed to serve the public remotely,” and that with additional funding Social Security could cut phone wait times to 12 minutes for service on the… Read more »