Social Security can refer to social security, the general concept of a society that ensures fundamental requirements are fulfilled; social security, the general concept of a society that ensures basic needs are satisfied; social security, the general concept of a System of Social Security (Philippines) South African Social Security Agency is a government agency in South Africa. Social Security (United States) is a retirement and disability program in the United States. Iran’s Social Security Organization is a social insurance company. Andrew Bergman’s play Social Security (play).
How to Get Social Security Assistance
On April 7, our local offices will increase the number of in-person appointments available and provide in-person service to those who do not have an appointment. During the pandemic, millions of individuals relied on our safe and convenient online services, as well as phone assistance. People with internet connections should try our online services first before contacting or visiting our office.
Begin the SSI Application Process
If your clients desire to apply for Supplemental Security Income (SSI), they should go to www.ssa.gov/benefits/ssi/start.html to get started. This online process takes about five to ten minutes to complete, and there is no documentation required to begin. The following basic information on your customer and, if necessary, the person they are assisting will be required:
The person applying for SSI must provide their name, date of birth, Social Security number, mailing address, and phone number. We also provide you with the option of entering your email address. If you’re assisting someone else, we’ll need the name and phone number of the person you’re assisting. We also provide them the option of giving us their email address.
We’ll set up an appointment with your client to help them apply for benefits once they’ve completed this quick process. By mail and email, we will send you a confirmation with the appointment date and time (if an email address is provided). We may call your customer to set up an appointment in some situations.
If your client is unable to start the process online, they can call 1-800-772-1213 (TTY 1-800-325-0778) Monday through Friday from 8:00 a.m. to 7:00 p.m. local time to make an appointment. They can also call the Social Security office in their area. Secure.ssa.gov/ICON/main.jsp contains the phone number for their local office.
New Survivor Benefits Rules for Same-Sex Partners
Do you have a client who had a long-term same-sex relationship that ended in death? If this is the case, they may be eligible for Social Security survivor’s payments based on their partner’s work history. Survivors of same-sex partners may now be eligible for Social Security benefits. If they match any of the following criteria, same-sex partners may be eligible for survivors benefits:
If state rules had not stopped them from marrying at the time of their partner’s death, they would have been married at the time of their partner’s death.
If state regulations had not stopped them from marrying earlier, they would have been wedded for a longer period of time. Encourage your client to call us right away if they believe they may be eligible for assistance. Please have the phone 1-800-772-1213 (TTY 1-800-325-0778) or go to secure.ssa.gov/ICON/main.jsp to contact their local Social Security office.
They can check the status of their application with their personal Social Security account after they apply. They can build a personal Social Security account in just a few minutes if they don’t already have one.
Changes to Social Security in 2022
1. There Will Be a 5.9% Increase in Benefits for Beneficiaries
The major news for 2022 is that over 70 million Social Security pensioners will see the greatest cost-of-living adjustment (COLA) since Ronald Reagan’s first term in office in 1982 reflected in their monthly benefits.
31 The adjustment, which is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as computed by the United States Bureau of Labor Statistics, helped benefits stay up with inflation (BLS). If the CPI-W rises by more than 0.1 percent between the third quarter of the previous year and the third quarter of the current year, Social Security benefits will rise by the same amount. The 5.9% increase in 2022 is substantially larger than most years; in 2021, the COLA increase was only 1.3 percent. 1 From $1,565 to $1,657.2 per month, the average monthly benefit for all retired workers will increase by $92 in 2022.
2. The Maximum Taxable Income Has Increased to $147,000
Employees earning up to $142,800 in 2021 were obliged to pay a 6.2 percent Social Security tax (which their employer-matched). Any earnings in excess of that amount were exempt from the tax. The tax rate stayed at 6.2 percent (12.4 percent for self-employed individuals) in 2022, although the income threshold was raised to $147,000. 2
On the other hand, when taxable maximum income rises, so does the maximum amount of earnings used by the Social Security Administration to compute retirement payments. In 2021, a worker retiring at full retirement age would receive a maximum monthly Social Security payout of $3,148. The maximum benefit will increase by $197 per month to $3,345 in 2022. 2
3. The Full Retirement Age Is Increasing
The earliest you can begin collecting Social Security retirement benefits is at the age of 62. If you claim before you reach full (or regular) retirement age, your payout will be permanently decreased. Under present legislation, the Social Security retirement age will rise by two months every year until it reaches 67. Your full retirement age is 66 and 10 months if you turn 62 in 2021. Unless the legislation changes, anyone born after 1960 will not be able to retire until they are 67.4 years old.
You can collect more than your full, or typical, Social Security benefit if you wait until you reach full retirement age. In fact, if you wait until you’re 70 to claim, you’ll get a payout that’s up to 32% greater than if you started receiving benefits at full retirement age. 5 There is no longer any need to put off retirement after the age of 70: With or without put-offs, your monthly benefit stops increasing. 6
4. Recipient Earnings Limits Have Been Increased
Depending on how much you earn while collecting Social Security benefits, all or a portion of your benefits may be temporarily withheld. However, for 2022, those income limitations have been raised slightly. 2 In 2022, you’ll be able to earn up to $19,560 before reaching full retirement age. After that, for every $2 over the limit, $1 will be removed from your payment. The yearly limit for 2022 is $600 more than the limit for 2021, which was $18,960. 2
If you reach full retirement age in 2022, you will be allowed to earn $51,960, an increase of $1,440 above the annual cap of $50,520 in 2021. Your Social Security benefits will be lowered by $1 for every $3 you earn over the limit, but this only applies to money earned in the months leading up to full retirement age. If you continue to work after reaching full retirement age, no benefits will be withheld. 2
5. Increased Social Security Disability Benefits
Social Security Disability Insurance (SSDI) is a type of insurance that allows workers to earn benefits by paying Social Security taxes with their paychecks. The program gives income to persons who are unable to work due to a disability in order to supplement their income. Most years, payments increase just marginally; but, the 9.6 million Americans who receive Social Security disability benefits will be relieved to learn that the 5.9% increase in 2022 will result in a larger increase in benefits. 72 In 2022, disabled workers will get $1,358 per month on average, up from $1,282 in 2021. A disabled worker, spouse, and one or more children, on the other hand, will receive $2,383 per month on average, an increase of $133 thanks to the 5.9% COLA. 2
6. The Credit Earning Threshold Increased
To qualify for Social Security payments, you must have earned at least 40 credits (maximum of four per year) during your working life if you were born in 1929 or after. Each year, the amount required to get a single credit increases significantly. Earnings per credit will be $1,510 in 2022, up to $40 from 2021. The number of credits required for disability is determined by your age at the time of your disability.
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