No One Knows About A 2017 COLA Yet

Articles guessing about Social Security and Supplemental Security Income (SSI) cost-of-living adjustments (COLAs) for next year are starting to appear.  No matter what you read or hear, no one knows 2017 COLA information yet and no one will officially know until approximately mid-October. Last year, the Social Security COLA press release was on October 15.  By…
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Fast Facts & Figures About Social Security, 2016

The new edition of Fast Facts & Figures About Social Security, 2016 is available. I like this booklet. Perhaps you will too. Issued annually, this short booklet answers frequently asked questions about the programs administered by the Social Security Administration (SSA). It highlights basic program data for the Social Security retirement, survivors, and disability (OASDI) and…
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The Beginnings Of SSA Survivors Benefits

As of June 2016, approximately 10 percent of all Social Security retirement, survivors and disability monthly benefits are paid as survivors benefits, representing about 6,060,000 people of all ages across the nation. Breaking this down further, about 6.2 percent (3,766,000 people) of Social Security benefits are received by widows and widowers based on age and…
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Social Security 81th Anniversary Is This Weekend

President Franklin D. Roosevelt signed the 1935 Social Security Act into law at 3:30pm in the afternoon on August 14, 1935. Above is a composite photo of the signing. Of special note in the photo is Frances Perkins, Secretary of Labor, first woman to hold a cabinet position in the United States and a major…
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The Beginnings Of SSA Disability

The above image is of a 1968 poster advertising Social Security disability benefits. Today is the anniversary of major legislation in the evolution of Social Security disability benefits. As signed into law by President Dwight D. Eisenhower in the Social Security Amendments of 1954, originally disability benefits provided for a “freeze” to a person’s record…
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