Social Security has been in existence for a few generations now and has benefited a good portion of the U.S., including people in Wisconsin. The program has recently seen tough times due to the financial situation of the country. If Social Security is not modernized, funds will be depleted by the year 2016 for the Disability fund and 2033 for the Retirement fund, and citizens will not receive SSD benefits.
Social Security Disability Insurance, benefits are for those who have worked a job and paid enough taxes to Social Security in order to be eligible for benefits. Additionally, those receiving SSDI are no longer able to work, due to a medical condition that meets the standard definition of disability. These benefits usually last until the person in question is able to go back to work. However, new reports show that the funds for these benefits may be running out.
Millions of people across Wisconsin and the rest of the US depend on their social security disability check every month as their sole income, or at least the majority of it. This kind of social welfare has been a staple in America since it was introduced by Franklin D. Roosevelt, and it has faced its share of opposition. But, if nothing is done soon, the 11 million people who rely on the program could lose about 20 percent of their benefits.
Millions of people across Wisconsin and the rest of the U.S. depend on their social security disability check every month as their sole income, or at least the majority of it. This kind of social welfare has been a staple in America since it was introduced by Franklin D. Roosevelt, and it has faced its share of opposition. But, if nothing is done soon, the 11 million people who rely on the program could lose about 20 percent of their benefits.
Anyone in Wisconsin who is looking to appeal a Social Security disability benefits denial should contact an attorney. An attorney will know the system and be able to help you fight for your benefits.
As those who are battling the disease in Wisconsin may already know, Hodgkin's lymphoma can be deemed incurable and potentially fatal for some people who are resistant to the available treatments. The disease strikes a large number of younger adults, potentially leaving them scrambling as they go through rounds of chemotherapy, radiation, immunotherapy and other assorted antineoplastic therapeutic treatments.
The criteria for obtaining Social Security Disability benefits are the same in Wisconsin as they are elsewhere in the country. The first requirement is that an applicant must have sufficient work history before they are eligible to receive benefits. In certain circumstances, an applicant may receive benefits under a parent's Social Security record.
Social Security disability provides benefits to people in Wisconsin and across the nation if they suffer a serious impairment that keeps them from working. Statistics show that about one-third of people will either die or need disability benefits before they can take advantage of full retirement at age 67. Benefits average about $1,140 each month, but that income can make a huge difference for the recipient. About 80 percent of beneficiaries report they rely heavily on that money each month; for some, it is their only income. Benefits vary depending on how much the person previously contributed to the system.
Some residents of Wisconsin may be familiar with the process of applying for Social Security Disability. Currently, nearly 11 million disabled people receive Social Security Disability benefits, and an additional 8.4 million receive Supplemental Security Income. However, some analysts believe that the Social Security Disability program is nearing insolvency and that action will need to be taken to prevent a 20 percent reduction in benefits by 2016.
People who have serious mental or physical disabilities may be unable to retain their jobs. This can be devastating to someone in Wisconsin who prefers to work and maintain his or her independence for as long as possible. Fortunately, Social Security Disability Insurance benefits can help those with legitimate disabilities to continue to afford their regular expenses and thus not fear losing their homes and/or other basic necessities.