The Bowles-Simpson Deficit Plan is simply another name for the deficit reduction plan published in December 2010 by the National Commission on Fiscal Responsibility, a bi-partisan committee tasked with assessing federal debt and making recommendations on improving the overall financial outlook of federal government operations, including proposed changes to all federally funded and managed programs.
A hearing scheduled for tomorrow, Friday, December 2, 2011, is the first in a planned series of congressional hearings on the subject of the Social Security Disability Insurance (SSDI) program. The initial hearing will cover the history of SSDI, and the funding and financial challenges of the current SSDI program. Also addressed will be future financing hurdles which must be overcome if the program is to remain viable.
The Social Security Administration’s Plan for Achieving Self Support (PASS) is a program intended to help people with disabilities return to work while still receiving disability benefits through the need-based Supplemental Security Income (SSI) program. Your SSI is based on your overall income and resources, but the PASS program allows you to set aside money and other items of value, redirecting those funds and resources to achieve a work-related goal without losing or reducing your disability benefits.
As many people are aware, Congress will soon be making recommendations for a number of potential spending cuts designed to help reduce spending and lower the U.S. national debt. It’s quite possible, even likely, that these cuts could involve significant changes to Social Security benefit programs including Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).
Approximately 10 percent of the United States population speaks Spanish as a first language, and these individuals will now have access to a wider variety of Social Security Administration (SSA) services in their native tongue. The SSA recently announced additions to the popular Spanish version of their award-winning website. Users are now able to complete their applications for Social Security retirement benefits, Medicare, and Extra Help with Medicare Prescription Drug Costs online in about 15 minutes, entirely in Spanish.
In light of recent nationwide attention to reform of federal funding for the Social Security programs, we feel that it might be helpful to review some of the fact regarding how such programs, including the SSA’s disability benefits programs, are funded.
Alzheimer’s disease is a form of dementia that affects the brain, causing problems with thinking, memory, and behavior. The majority of those who suffer from Alzheimer’s disease are over 65, but early-onset Alzheimer’s can develop in people as young as 40. Experts suggest that around 5.1 million Americans may currently have AD.
Under current federal law, disabled Americans who receive Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) benefits are eligible for Medicare coverage after two years of entitlement to disability benefits.
Contrary to what many may believe, the law does allow for those who are receiving Social Security disability to work while maintaining their entitlement to benefits in certain circumstances. The most utilized provision is that involving “Substantial Gainful Activity” (SGA.) SGA is defined as a level of work activity that involves significant productive duties, and that pays more than an established monthly limit.
Nearly 28 million Americans have diabetes, and the number is rapidly rising. To help raise awareness of diabetes education and prevention, buildings around the globe lit up blue the evening of November 14th in honor of World Diabetes Day.
