Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 63 million Americans will increase 1.5 percent in 2014, the Social Security Administration announced today. The 1.5 percent cost-of-living adjustment (COLA) will begin with benefits that more than 57 million Social Security beneficiaries receive in January 2014. Increased payments to more than 8 million SSI beneficiaries will begin on […]
The Medicare Rights Center recently announced the release of the new medicarerights.org, an overhaul of the organization’s website that will make it easier for beneficiaries, professionals, journalists and others to find answers to Medicare questions. With improved search, a new navigational structure and a modern design optimized for viewing on mobile devices, information about changes […]
Question: What is the earliest age that I can apply for my Social Security retirement benefits? Answer: If you want benefits to begin at age 62 — the earliest age you can receive reduced retirement benefits — you must be at least 61 years and 9 months of age to apply. Keep in mind that […]
AARP has released the first in a “commonsense solutions” series of new videos on the 48th anniversary of President Lyndon Johnson signing Medicare into law on July 30, 1965. Washington has more than 829,000 residents who rely on Medicare for their health care coverage, on average spending 10% of their income on out-of pocket income […]
According to a recent study the national median daily cost of a private room in a nursing home is at $230 a day, an increase of 3.6 percent over 2012. With 10,000 baby boomers retiring every day for the next 19 years, the issue of how to pay for care is more pressing than ever, […]
By Alan Edwards, Social Security Public Affairs Many people save time by going online to take care of everyday tasks. For example, they shop online to avoid going to crowded malls or stores. They pay bills and check their account balances online to save a trip to the bank. It’s true of Social Security business, […]
